CESR Launches Call For Evidence On Mutual Recognition With Non-EU Jurisdictions

CESR publised today a call for evidence on mutual recognition with non-EU jurisdictions. The globalisation of financial markets challenges securities regulators to seek appropriate mechanisms for dealing with cross-border transactions. In order to technically support the activities carried out at EU level and to identify the economic advantages and drawbacks in entering into negotiations with third countries a CESR Task Force on mutual recognition has been set up in May 2008 with now issuing a call for evidence.

The call for evidence published toady can be found here.

CESR invites responses to this call for evidence by 4 September 2009. All contributions should be submitted online via CESR’s website in the section Consultations.