Brussels, 11/10/2010 (Agence Europe) - The European confederation of company manager associations (ecoDA) is warning against over-reaction by politicians to the financial crisis in the current review of financial companies at EU level. In an ecoDA press release, Lutgart Van den Berghe said: 'There is a danger of an inappropriate policy response, which excessively focuses on boards and insufficiently on other components of the global financial system.' The ecoDA believes that different corporate governance rules should apply to companies providing financial services which have risk management systems that need reinforcing and the governance of companies quoted on the stock exchange, which could be the victim of tighter governance rules that would only be suitable for banks. (M.B. trans fl)