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Europe Daily Bulletin No. 10382

20 May 2011
GENERAL NEWS / (eu) eu/banking
Barnier wants binding liquidity rules

Brussels, 19/05/2011 (Agence Europe) - EU Internal Market Commissioner Michel Barnier wants binding liquidity rules in the upcoming draft EU directive to change bank capital requirements (the CRD 4 Directive). After the ECOFIN Council in Brussels on Tuesday 17 May, he said it was essential to introduce liquidity measures right now, adding that the draft CRD 4 would require all banks to have access to the required liquidity at all time - the said liquidity to be monitored by national bank...

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