In 2003, the Committee of European Securities Regulators established a peer pressure group, the Review Panel, as a key group for facilitating supervisory convergence.  

The Review Panel has now published a consultation paper, so that it may get feedback from market participants on practical issues relating to divergences in Member States' securities regulation.  

The responses to the consultation paper will be reviewed by the Review Panel and, where appropriate reflected in its work programme for 2009.  

The deadline for comments on the consultation paper is 7 April 2009.