Brussels, 04/02/2013 (Agence Europe) -In a letter sent last week, the European Commission has asked the bank supervisory authorities in the 27 member states to provide details by the end of the month on their supervisory practices for cross-border banks.
Warned by a number of banks, the Commsision explains in the letter (of which this newsletter has received a copy) that it is “very concerned that on several occasions national bank supervisors acted independently to impose allegedly...