Brussels seeks clarity on solving national regulators’ spats

european-commission2

Brussels on Wednesday proposed amendments to new European regulatory laws in areas including the resolution of disputes between national supervisors.

Michel Barnier, the European Commissioner for internal market regulation, said the proposals were issued in order to ensure the smooth running of the continent's new regulatory framework, which has seen the creation of the European Systemic Risk Board and three European Supervisory Authorities (ESAs), for banking, securities and markets and insuran

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