The first exchange of views at ministerial level on the legislative package (CRD-CRR) aiming to tighten up the banking prudential rules provided certain member states with the opportunity to raise a number of sizeable issues, such as a lack of ambition in the measures to reduce risks and an imbalance between the competencies of the home/host countries, on Tuesday 6 December (see EUROPE 11674).
For instance, several delegations said that the legislative package does not go far enough in...