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Europe Daily Bulletin No. 11851

31 August 2017
ECONOMY - FINANCE - BUSINESS / Banks
Software investment crops up in discussions on reducing financial risks
Brussels, 30/08/2017 (Agence Europe)

With the rapporteur for the European Parliament, Peter Simon (S&D, Germany) putting the finishing touches to his report on the legislative package to reduce banks' risks, which is expected in the course of September, the banking industry is campaigning for changes to the prudential requirements on banks' investments in software, a source close to the dossier told EUROPE on Wednesday 30 August.

Readers may recall that this package, which was presented by the European Commission on 23 November...

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