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The QCA Executive Committee wrote a letter in response to the European Commission's consultation on the De Larosiere Report's on changes to financial supervision in light of the financial crisis.  The QCA argued that The de Larosière report majors on the structure, regulation and operation of the Finance Sector with little or no mention of the two main constituencies it is intended to serve, namely investors and issuers.  Any assessment of proposed changes to the Finance Sector should be made against criteria which includes some weighting given to the needs and requirements of these two external constituencies.

Click here to read the response (pdf)

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