ECB report on supervisory structures

The European Central Bank's "Recent developments in supervisory structures in EU and acceding countries" report finds that at EU level, the period 2003-06 was characterised by an intensified effort to strengthen cooperation among supervisory authorities.

"More specifically, the Lamfalussy framework has been extended to all financial sectors: the framework includes three sectoral committees, composed of national supervisors, entrusted with the tasks of fostering supervisory and regulatory

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