EU Ministers Agree on Markets Supervision Compromise
European Union finance ministers reached a scaled-back compromise to centralise supervision of most stock exchanges and securities depositories. The deal introduces exemptions that keep major exchanges like Germany under national oversight while reducing EU-level scope.
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European Union finance ministers agreed on Friday afternoon to a scaled-back compromise to centralize supervision of stock exchanges across the bloc. The deal seeks to cut regulatory fragmentation and stem the relocation of innovative firms to the United States. Lawmakers aim to boost capital market efficiency, though the final pact falls short of the European Commission's initial oversight proposal.
