It contains priorities and timetables for measures aimed at improving the functioning of the single market for financial services. In particular, measures are proposed to advance the harmonisation of the legal framework and market information, as well as to facilitate investors’ operations throughout the single market. Finally, what is the role of the Eurosystem in this whole process?
The Board’s aim has been to fashion the enhanced capital requirements of section 165 and the associated international framework in a simultaneous and congruent manner.