Brussels, 20/11/2012 (Agence Europe) - The Cypriot Presidency has been waving a legal wand to ensure equal treatment of non-euro countries under the common bank supervisory system to be set up under the aegis of the European Central Bank (see EUROPE 10729). It is suggesting a number of options for decision-making on the supervisory committee responsible for surveillance of all types of banks in the eurozone, where all countries involved in the supervisory system would be represented.
The...