Committee Of European Securities Regulators Extends Deadline For Consultation On Some Mandates Under MiFiD Included In Its Consultative Paper Published On 17 June 2004

Following the requests expressed by a number of market participants during the public hearing held in Paris on 8 and 9 July, CESR has decided to extend to the 4th of October 2004 the deadline to comment the draft CESR technical advice on mandates concerning best-execution - mandate under Article 21 of MiFiD - and market transparency - section III.B of the consultative paper - , on which CESR will have to finalise its technical advice by April 2005