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30 April 2008

3L3 Committees issue revised Impact Assessment Guidelines




The Impact Assessment Guidelines have been developed as a practical tool to help ensure the effective use of IAs within the 3L3 Committees. The 3L3 Committees summarized the responses received from stakeholders during the consultation period in a feedback statement, which also includes the changes made to the guidelines.

 

For example, the way in which market failure analysis was described was improved and changes made to the guidelines in order to address concerns about the treatment of competition and competitiveness. The guidelines were also amended to confirm that an explanation would be given if one of the Committees decided not to follow the outcome of an IA exercise.

 

Press release

Impact Assessment Guidelines

Feedback statement



© CESR - Committee of European Securities Regulators

Documents associated with this article

3L3_IA_GUIDELINES.pdf


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