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Updated live from Wikipedia, last check: May 31, 2012 14:29 UTC (43 seconds ago)

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The Committee of European Securities Regulators (CESR) [1] is an independent committee of European Securities regulators established by European Commission on June 6 of 2001. The role of this committee is to

  • Improve the coordination among securities regulators
  • Act as an advisory group to assist European Commission
  • Work on implementation of cummunity legislation in EU member states

The other Level-3 committees of the European Union in the Lamfalussy process are the Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS).

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