The Committee of European Securities Regulators (CESR) has published the comments it has received on its MiFID work programme for 2007-2008. Among those who submitted comments was the Investment Management Association (IMA), who stated that, in its view, the key priority for CESR in 2008 was getting the single market working and that CESR should focus on supervisory convergence and on ensuring a consistent implementation of MiFID across Europe. The IMA also commented that CESR's work on intermediaries was starting too soon and that it should not commence until Q1 2009. However, the IMA did suggest that conflicts of interest should be separated out from the intermediaries work and work on it should start in Q2 2008.
View CESR publishes comments received to its MiFID work programme for 2007-2008, 20 November 2007