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FSA Chairman highlights five priorities for European financial markets.

Publication: M2 Presswire
Publication Date: 06-MAR-03
Format: Online - approximately 765 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-6 March 2003-UK Government: FSA Chairman highlights five priorities for European financial markets(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:03062003

Howard Davies, chairman of the UK Financial Services Authority, today outlined his views on an integrated single European financial market.

"I have no difficulty whatsoever with the aim of creating a single financial market across the European Union. I believe that will be advantageous to Europe's citizens, both in terms of the additional choice open to them in meeting their financial needs, and in terms of the stimulus to economic growth which a broader and deeper capital market will provide."

He highlighted five priorities for achieving such an integrated market by 2005:

"First, we are...

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