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Europe Daily Bulletin No. 10383

21 May 2011
GENERAL NEWS / (eu) eu/banking
Commission makes reassuring noises about CRD 4

Brussels, 20/05/2011 (Agence Europe) - On Friday 20 May, the European Commission attempted to reassure the 7 member states concerned about the draft CRD 4 directive being prepared by the Commission to transpose the Basel III rules on higher quality and quantity of bank capital requirements A spokesperson for EU Internal Market Commissioner Michel Barnier said on Friday that the comments made by the commissioner after the ECOFIN Council on Tuesday answered a number of the questions that had...

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