Consultation on the harmonisation of securities law

Policy field(s)
Internal Market / A Single Market for Services / Financial services / Securities law

Target group(s)
All citizens and organisations are welcome to contribute to this consultation. Contributions are particularly sought from representatives of Member States' authorities, central securities depositories, account providers (credit institutions, investment firms, and others), issuers and investors (including consumers).

Period of consultation
From 16.04.2009 to 11.06.2009

Objective of the consultation
Obtaining information from Member States, market participants and other stakeholders, in particular investors, on the necessity to improve the EU-wide legal framework for securities holding and transaction and on how future EU legislation in this field could address the issue.

Background information to the questionnaire is comprehensively given in the 2008 Advice of the Legal Certainty Group. Therefore, this questionnaire refers explicitly to that document.

View the Consultation document
Legislation on legal certainty of securities holding and dispositions PDFEnglish

Contact details
Responsible service:


Directorate General Internal Market and Services,
Directorate Financial Services Policy and Financial Markets,
Financial Market Infrastructure Unit.
Postal address:European Commission, B-1049 Brussels, Belgium

Number of responses received to this consultation
99 (allowed by the respondents for publication: 97)

View the contributions
In the interests of transparency, organisations have been invited to provide the public with relevant information about themselves by registering in the Interest Representative Register and subscribing to its Code of Conduct. If the organisation is not registered, the submission is published separately from the registered organisations.

Results of consultation and next steps
  • Summary of responses received PDFEnglish

Specific privacy statement PDFEnglish

Last update: 24-06-2011