Member States’ ambassadors to the European Union (Coreper) are expected to reach a political agreement in principle (‘general approach’) on the legislative package (one directive, one regulation) to finalise the integration into the EU of the 2017 ‘Basel III’ agreement strengthening the prudential banking rules, which will then be confirmed by the Ecofin Council on Tuesday 8 November.
“A priori, the text is ready”, a European source confirmed to EUROPE on Wednesday...