commiss decis novemb establish committe european bank supervisor text eea relev ec commiss european commun regard treati establish european commun june commiss adopt decis ec ec set committe european secur regul european secur committe resolut februari novemb european parliament endors level approach advoc final report committe wise men regul european secur market call aspect approach extend bank insur sector subject clear council commit reform guarante proper institut balanc decemb council invit commiss implement arrang field bank insur occup pension establish committe advisori capac relat field independ bodi reflect debat advic commiss field bank regul supervis establish bodi call committe european bank supervisor hereinaft refer quot committe quot contribut consist time applic commun legisl member state converg supervisori practic commun committe promot cooper bank field exchang inform establish committe prejudic organis bank supervis nation commun level composit committe reflect organis bank supervis account role central bank stabil bank sector nation commun level respect right categori particip identifi chairmanship vote right reserv compet supervisori author member state particip confidenti discuss individu supervis institut restrict compet supervisori author central bank entrust specif oper respons supervis individu credit institut concern committe organis oper arrang maintain close oper link commiss committe establish commiss decis ec novemb establish european bank committe committe cooper committe financi sector committe establish decis ec bank supervis committe european system central bank group de contact european bank supervisor committe invit observ committe bank financi sector committe earli stage consult extens open transpar manner market particip consum end user committe advic provis applic credit institut invest firm consult author compet supervis invest firm repres committe decid articl independ advisori group bank supervis commun call quot committe european bank supervisor quot hereinaft quot committe quot establish articl role committe advis commiss commiss request time limit commiss lai urgenc matter committe initi prepar draft implement measur field bank activ committe contribut consist applic commun direct converg member state supervisori practic commun enhanc supervisori cooper includ exchang inform individu supervis institut articl committe compos high level repres organis nation public author compet supervis credit institut hereinaft quot compet supervisori author quot nation central bank entrust specif oper respons supervis individu credit institut alongsid compet supervisori author central bank directli involv supervis individu credit institut includ european central bank member state design high level repres particip meet committe european central bank design high level repres particip committe commiss present meet committe design high level repres particip debat confidenti inform individu supervis institut exchang particip discuss restrict compet supervisori author nation central bank entrust specif oper respons supervis individu credit institut concern committe elect chairperson repres compet supervisori author committe invit expert observ attend meet articl committe maintain close oper link commiss committe establish commiss decis ec set work group commiss invit particip work group articl transmit opinion commiss committe earli stage consult extens open transpar manner market particip consum end user provid advic provis applic credit institut invest firm committe consult author compet supervis invest firm repres committe articl committe submit annual report commiss articl committe adopt rule procedur organis oper arrang includ vote right repres compet supervisori author receiv vote right articl committe duti januari brussel novemb commiss frederik bolkestein member commiss oj oj page offici journal