Brussels, 16/04/2013 (Agence Europe) - On Tuesday 16 April 2013, the European Parliament (EP) adopted, by a wide majority, the draft CRD IV legislation to increase the quantity and quality of bank capital requirements on 1 January 2014 by introducing into the European Union the Basel III international deal drawn up by the Basel Committee. The EU will be the first part of the world to do so.
Rapporteur Othmar Karas (EPP, Austria) said the vote was a success for the single market by creating...