Glossary
The FSLA glossary seeks to provide definitions and descriptions of terminology relevant to financial services law and the financial services industry. It is a collaborative effort - if you think a term is missing, please suggest a definition using the Submit Term link. Suggestions for improving an existing entry should be sent to website@fsla.org.uk.


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Term Definition
CESRSee Committee of European Securities Regulators.
 
Committee of European Securities Regulators

Each Member State of the European Union has one member on the Committee, and the European Commission is also represented. The members are nominated by the Members States and are the Heads of the national public authorities competent in the regulation of securities markets.

The role of CESR is to:

  • Improve co-ordination among securities regulators
  • Act as an advisory group to assist the EU Commission
  • Work to ensure more consistent and timely day-to-day implementation of community legislation in the Member States
 
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