MEPs, meeting in Strasbourg in Parliament's plenary session, approved on Thursday 18 April the agreements reached at the end of February (see EUROPE B12203A4) between representatives of the European Parliament and the EU Council on the new pan-European framework for covered bonds, consisting of a directive that received 425 votes and a regulation that received 426 votes.
The new framework establishes the structural characteristics of the instrument, the rules allowing the use of the...