CONSOB chief Giuseppe Vegas on Monday
called for a single European bourse regulator to flank the
European Central Bank.
Vegas said in his annual report that European financial union
also spelled the need for "an authority for financial markets
that positions itself in a specular and symmetrical way with
respect to the role of the ECB in the banking sphere".
He said "a simplification is to be wished for" and that "the
present architecture of the system of financial supervision, in
force since 2011, deserved to be reconsidered".
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