In its Communication of 4 March 2009 entitled ‘Driving European Recovery’, the Commission proposed to put forward draft legislation creating a European system of financial supervision and a European systemic risk board. In its Communication of 27 May 2009 entitled ‘European Financial Supervision’, it provided more detail about the possible architecture of such a new supervisory framework reflecting the main thrust of the de Larosière Report.
Text applicable on 2 Jul 2014Consolidated version of 2 Jul 2014Earlier versionUpcoming changefrom 19 Aug 2014Unofficial text · authentic on EUR-Lex (opens in a new tab)
EBAR Recital (4) — as applicable on 2 Jul 2014 (version of 2 Jul 2014)
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