Europe: Commission begins review of the European System of Financial Supervision

The European Commission has begun a review of the European System of Financial Supervision with the publication of a questionnaire and supporting background document: see, respectively, here (pdf) and here (pdf). The review follows the publication yesterday by the Commission of the latest edition of its European Financial Stability and Integration Report - see here (pdf) - and a report on financial integration in Europe by the European Central Bank: see here (pdf).