Committee Of European Securities Regulators (CESR)
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The Committee of European Securities Regulators (CESR) was an independent committee of European Securities regulators in the Lamfalussy process established by the
European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...
on June 6, 2001.Decision 2001/527/EC
/ref> The role of this committee was to * Improve the coordination among securities regulators * Act as an advisory group to assist European Commission * Work on implementation of community legislation in EU member states The other Level-3 committees in the Lamfalussy process were the Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS). On 1 January 2011, the CESR was replaced by the European Securities and Markets Authority (ESMA), which is part of the
European System of Financial Supervision The European System of Financial Supervision (ESFS) is the framework for financial supervision in the European Union that has been in operation since 2011. The system consists of the ''European Supervisory Authorities'' (ESAs), the European Syste ...
.


See also

*
European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...
* Securities Commission * European Commissioner for Internal Market and Services *
Financial regulation Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled ...


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External links


ESMA
Regulation in the European Union Financial markets Defunct financial regulatory authorities {{Finance-stub