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Europe Daily Bulletin No. 10213

14 September 2010
GENERAL NEWS / (eu) eu/financial services
Michel Barnier welcomes “ambitious” agreement on banking capital requirements by Basel committee

Brussels, 13/09/2010 (Agence Europe) - In a press release published on Monday 13 September, the commissioner for the internal market declared: “I welcome the ambitious agreement on capital and liquidity requirements for the banking sector, reached yesterday evening in Basel by the Group of Governors and Heads of Supervision of the central banks”. Michel Barnier said that he was “convinced” that this agreement was based on “the right balance” and learning “the lessons of the...

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