Monday, August 07, 2006

SEC-CESR sets out the shape of future collaboration


The United States Securities and Exchange Commission (SEC) and the Committee of European Securities Regulators (CESR) announced today that they intend to increase their co-operation and collaboration. In a press conference held in Amsterdam, SEC Commissioner Roel C. Campos and CESR Chairman Arthur Docters van Leeuwen presented the terms of reference establishing the structure of this enhanced dialogue, and set out the subjects that will dominate the agenda during 2004 and 2005.

The goal of increased SEC-CESR co-operation and collaboration follows a visit by CESR’s Chairman Arthur Docters van Leeuwen to Washington at the end of 2003, and was proposed by SEC Chairman William H. Donaldson in January 2004 during a visit to Brussels.

The dialogue has two primary objectives, namely to:

See full Press Release, in pdf format.