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Europe Daily Bulletin No. 10616

17 May 2012
ECONOMY - FINANCE - BUSINESS / (ae) banking
Unanimous EP vote on bank capital requirements

Brussels, 15/05/2012 (Agence Europe) - MEPs on the European Parliament's economic and monetary affairs committee have unanimously backed the draft report by Othmar Karas (EPP, Austria) on the transposition into EU rules of the Basel Committee Agreement on bank capital requirements for Europe's 8,000 plus banks. Such unanimous backing is rarely granted to draft legislation and has been welcomed across the board by European political parties for putting the EP in a strong position for the...

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