Members of the high-level Larosiere group, whose recent report will form the basis of commission recommendations to member states on financial regulatory reform, defended their proposals on Tuesday (24 March) in a debate with financial experts.
Particularly controversial is the group's proposal for a European System of Financial Supervision made up of banking, insurance and securities authorities that will oversee national supervisors.
Discussion moderator Wolfgang Munchau of E...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login