19/02/2014 (Agence Europe) - Ministers approve two items of legislation. On Tuesday 18 February, the Ecofin Council decided not to object to the adoption by the Commission of a regulation supplementing EU Regulation 575/2013 on regulatory technical standards for own funds requirements for banking institutions, and also not to object to the adoption by the Commission of a regulation supplementing Directive 2011/61/EU on regulatory technical standards determining types of alternative investment (hedgefunds). Both regulations will now come into force unless the European Parliament formally objects. (MB/transl.fl)