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Image header Agence Europe
Europe Daily Bulletin No. 10117
GENERAL NEWS / (eu) ep/financial services

Difficulty of defining a systemic bank

Brussels, 13/04/2010 (Agence Europe) - On Monday 12 April, the economic and monetary committee at the European Parliament held an exchange of views on the draft own-initiative report by Elisa Ferreira (S&D, Portugal) on crossborder crisis management in the banking sector. Several members doubted it was appropriate to foresee specific measures for banks of systemic importance due to the fact that it is difficult to identify such entities, and due to competition issues. The vote on the report...

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