UNICE comments on IIMG report

11 July 2003

Responding to the questionnaire of the Inter-Institutional Monitoring Group, UNICE has the opinion that the group should add the quality of legislation that results from the process as an additional assessment criterion. The effectiveness of financial services legislation should be increasingly monitored via regulatory impact and cost-benefit analysis.

Furthermore, UNICE suggests that the group should also take into account global regulatory issues when evaluating the procedure.

UNICE comments

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