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Europe Daily Bulletin No. 10000

17 October 2009
Contents Publication in full By article 13 / 34
GENERAL NEWS / (eu) eu/financial services
Draft directive introducing dynamic provisioning and limiting leverage ratio delayed

Brussels, 16/10/2009 (Agence Europe) - The European Commission does not feel that it will be in a position, before the end of its term of office at the end of October, to bring forward the legislative proposal supposed to bring measures of dynamic provisioning and setting a maximum rate of leverage ration into the Basel II directive. It hopes to have a clearer picture of these measures, wanted by the G20 and currently under discussion in international bodies such as the Basel Committee....

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