Responses
  Closing date : 31 Jan. 2005  
Which supervisory tools for the EU securities markets? Preliminary Progress Report (Himalaya Report)

25 Oct. 2004 - The purpose of this preliminary report on the supervision of securities activities in Europe by CESR is twofold. The first objective is to take stock of progress made through the Financial Services Action Plan (FSAP) toward the integration of the EU Single Market for Financial Services in the field of securities. The second objective is to identify and analyse the supervisory tools necessary to implement the FSAP and to anticipate the developments in the next five years so as to allow securities regulators to evolve effectively and by so doing, ensure they can fully play their role in maintaining fair, transparent and secure securities markets in Europe. In order to achieve this objective, a number of possible options exist for solutions to be found, both within, and sometimes, beyond, the current framework of EU law, and these options have been explored with a view to improving the efficiency of the co-operation among regulators and the operation of the CESR Network. This work by CESR should be understood as a preliminary contribution to the debate on the content of the post-FSAP agenda. It does not constitute in any manner a final opinion on this matter but is rather a preliminary analysis of current challenges and possible solutions for which guidance from the EU institutions and comments from the market participants are necessary before reaching a definitive conclusion. This report will be presented to the EU-institutions and is now open to public consultation by 31 January 2005.

       
03 Feb. 2005Banking
ABN AMRO BANK
03 Feb. 2005Banking
Association of German banks
03 Feb. 2005Banking
Barclays PLC
03 Feb. 2005Banking
British Bankers' Association
03 Feb. 2005Banking
Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
03 Feb. 2005Banking
Deutsche Bank AG
03 Feb. 2005Banking
Deutscher Sparkassen und Giroverband
03 Feb. 2005Banking
European Association of Public Banks - EAPB
03 Feb. 2005Banking
European Banking Federation
18 Feb. 2005Banking
Fortis bank
03 Feb. 2005Banking
HVB Group
03 Feb. 2005Government regulatory & enforcement
Finanstilsynet
03 Feb. 2005Government regulatory & enforcement
Ministry of Finance/Financial Markets Department
04 Feb. 2005Government regulatory & enforcement
Swedish Ministry of Finance
16 Feb. 2005Insurance, pension & asset management
Association Française de la Gestion financière (AFG)
03 Feb. 2005Insurance, pension & asset management
Association of British Insurers
09 Mar. 2005Insurance, pension & asset management
Assogestioni
03 Feb. 2005Insurance, pension & asset management
Fédération Française des Sociétés d'Assurance
01 Mar. 2005Insurance, pension & asset management
FEFSI
03 Feb. 2005Insurance, pension & asset management
Irish Association of Investment Managers
03 Feb. 2005Investment services
AFEI
03 Feb. 2005Investment services
APCIMS
15 Feb. 2005Investment services
FOA
03 Feb. 2005Investment services
ISDA
03 Feb. 2005Investment services
Joint response by ISMA, IPMA, ANSC, BSDAI, DSDA, FASD, LIBA, SSDA, TBMA
03 Feb. 2005Issuers
AFEP
07 Feb. 2005Issuers
EALIC
15 Feb. 2005Issuers
MEDEF
03 Feb. 2005Regulated markets, exchanges & trading systems
BME Spanish Exchanges
15 Feb. 2005Regulated markets, exchanges & trading systems
Borsa Italiana
03 Feb. 2005Regulated markets, exchanges & trading systems
Deutsche Boerse AG
07 Feb. 2005Regulated markets, exchanges & trading systems
Euronext
16 Mar. 2005Regulated markets, exchanges & trading systems
Federation of European Securities Exchanges)
04 Feb. 2005Regulated markets, exchanges & trading systems
FEE
03 Feb. 2005Regulated markets, exchanges & trading systems
London Stock Exchange