2001/528/EC: Commission Decision of 6 June 2001 establishing the European Securities Committee (Text with EEA relevance) (notified under document number C(2001) 1493)

• Articles: 6

Article 1

A committee on securities in the Community, called the "European Securities Committee" (hereinafter referred to as the "Committee"), is hereby established.

Article 2

The role of the Committee shall be to advise the Commission on policy issues as well as on draft legislative proposals the Commission might adopt in the field of securities

Article 3

The Committee shall be composed of high level representatives of Member States and be chaired by a representative of the Commission.

The chairperson of the Committee of European Securities Regulators established by Commission Decision 2001/527/EC(2) shall participate at the meetings of the Committee as an observer.

The Committee may invite experts and observers to attend meetings.

Article 4

The Committee may set up working groups.

Article 5

The Committee shall adopt its own rules of procedure.

The secretariat of the Committee shall be provided by the Commission.

Article 6

The Committee shall take up its duties on 7 June 2001.

Done at Brussels, 6 June 2001.

For the Commission

Frederik Bolkestein

Member of the Commission

(1) COM (1999) 232 final.

(2) See page 43 of this Official Journal.