Schaub, Alexander - In: Journal of Financial Regulation and Compliance 13 (2005) May, pp. 110-120
), significant progress has been made in implementing the proposals contained in the original Lamfalussy Report. Preparation of EU … improvement in the quality of legislation and an acceleration of the legislative process. The use of implementing measures will … and principles in framework legislation (Level 1) and avoiding over-prescription in implementing measures (Level 2 …