House of Commons - The Committee's Opinion on proposals for European financial supervision - Treasury

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Session 2008-09
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Treasury Committee Publications

Treasury - Sixteenth Report
The Committee's Opinion on proposals for European financial supervision

Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 11 November 2009.

CONTENTS

Terms of Reference

Summary
1  Introduction
Background
2  The context and evolution of the current proposals

Responses to the crisis
The de Larosière proposals
Subsequent developments
1  Outline of the current proposals
Other changes to EU law
Justification for the proposals
What next?
Use of Article 95 of the EC Treaty

3  The European Systemic Risk Board

Composition and size of the ESRB General Board
Non-eurozone representation
Powers of the ESRB
5  How powerful is the ESRB?

4  The European Supervisory Authorities

ESAs: delegated powers
Takeovers
Voting in the ESAs
Emergency powers
Fiscal Safeguard

5  Conclusion
Conclusions and recommendations
Appendix: Extract from ECOFIN conclusions, 9 June 2009
Formal Minutes
Witnesses
List of written evidence
Reports from the Treasury Committee during the current Parliament

Oral and Written Evidence
Tuesday 3 November 2009
Wednesday 4 November 2009
Written Evidence

© Parliamentary copyright 2009
Prepared 16 November 2009