The European Securities Committee (ESC) advises 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 ...
in the field of securities.
The ESC held its first meeting in September 2001. It is run by the European Commission and usually meets each month. It assists the Commission in adopting implementing measures for EU Directives and provides advice on policy issues in the securities field, so it fulfils both comity (the informal and voluntary recognition by courts of one jurisdiction of the laws and judicial decisions of another) and advisory functions.
See also
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
External links
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European Commission
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