Brussels, 25/05/2011 (Agence Europe) - On Tuesday 24 May, by a wide majority, the European Parliament's economic and monetary affairs committee adopted a draft report by Werner Langen (EPP, Germany) on the draft regulation introducing rules to cover derivatives, a market estimated to be worth more than €400,000 billion a year (see EUROPE 10215). The EP accepts the European Commission's view that the regulation should only cover over-the-counter (OTC) derivatives. The Langen Report may get...