19/07/2018 (Agence Europe) – The European Commission will take action against Spain before the Court of Justice of the EU over its failure to abide by its obligation fully to implement the directive (2013/36/EU) on equity requirements. It considers that the following provisions of the directive are still missing from Spanish law: - the competencies and powers of assessment for the supervisors of investment companies; - the imposition of administrative penalties on banks in breach of...