“Of course we want to have strong European supervisory authorities when it comes to supervision powers, as this was the reason why they were established.”

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“Of course we want to have strong European supervisory authorities when it comes to supervision powers, as this was the reason why they were established.”

—Markus Ferber, German member of the European Parliament and member of the Parliament’s Economic and Monetary Affairs Committee, on the powers of the European Securities and Markets Authority.

 

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