Committee of European Securities Regulators
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The Committee of European Securities Regulators (CESR) was an independent committee of European Securities regulators in the Lamfalussy process established by the European Commission on June 6, 2001.[1]
The role of this committee was to
- Improve the coordination among securities regulators
- Act as an advisory group to assist European Commission
- Work on implementation of community legislation in EU member states
The other Level-3 committees in the Lamfalussy process were the Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS).
On 1 January 2011, the CESR was replaced by the European Securities and Markets Authority (ESMA), which is part of the European System of Financial Supervision.
See also
- European Commission
- Securities Commission
- European Commissioner for Internal Market and Services
- Financial regulation
References
External links
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