The parliament will hold a hearing on financial supervision with a contribution from Jacques de Larosière who wrote a report last year which led to proposals for the establishment of a pan European Systemic Risk Board and three new supervisory authorities. ECR economic coordinator Kay Swinburne will question the co-ordination of activity, ultimate responsibility and accountability of these new authorities whilst raising reservations about whether such regulators should have binding powers of intervention over the heads of national regulators.
Hearing: Wednesday @ 15.00
Contact:
ECR enquiries: James Holtum on +32 473 861762
British delegation: Alex Benjamin on +32 476 056450
Polish delegation: Jakub Piasecki on +32 470 504614
Czech delegation: Jan Krelina on +32 493 214346
Dutch delegation: Maurits van Stuijvenberg on +31 6 52 24 44 64