The need for a significant institutional reform of investment services supervision and regulation at the European Union level has been the central theme of this book. Problems associated with the principles of home country control and mutual recognition call for a new wave of fresh thinking and dynamic response. Today, the idea and proposal of establishing and developing a central pan-European Securities Regulator not only seems less and less remote, but also necessary for the better promotion of the objectives of financial stability, consumer protection and competition between financial intermediaries. The time has come for these thoughts and ideas to be voiced.


Financial Service Consumer Protection Mutual Recognition European Union Level Investment Service 
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  1. 2.
    Bolkestein, E, The EU’s Economic Test: Meeting the Challenges of the Lisbon Strategy (Speech delivered at the 17th Annual State of the International Economy Conference, London, 19 November 2001).Google Scholar

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© Yannis V. Avgerinos 2003

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  • Yannis V. Avgerinos

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