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The Economic Times
The Economic Times

Global Stocks: Europe's E6 states seek common position on capital market supervision

The finance ministers of ​the six biggest European economies (E6) were seeking on Thursday ​to find a common position on a European Commission proposal for joint capital market supervision, German Finance Minister Lars Klingbeil said.

The European Commission presented a plan in December to better integrate ‌EU capital ⁠markets through ⁠joint supervision, moving it from national authorities to the European Securities and Markets Authority (ESMA) in ​Paris.

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