CESR publishes today a consultation paper setting out how it proposes to prepare for its new role in the regulation of Asset Management and Unit Collective Investment Schemes (UCITS) in Europe. This also includes establishing how European securities regulators will work until these responsibilities are transferred from the UCITS Contact Committee established by the European Commission to CESR and includes specific areas where CESR proposes to begin work.
Resolution of the European Council on more effective securities market regulation in the European Union
Stockholm, 23 March 2001
The final report by the Committee of Wise Men establishing CESR