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Image header Agence Europe
Europe Daily Bulletin No. 7766
Contents Publication in full By article 22 / 45
GENERAL NEWS / (eu) eu/banks

European Commission recommends greater disclosure of financial information in banks annual accounts

Brussels, 26/07/2000 (Agence Europe) - This week the European Commission published a recommendation aimed at improving transparency of the financial information included on the accounts of banks. It favours that more information be provided on the risk operations carried out be financial institutions, notably in the derivatives markets (options, fixed term contracts, exchange rate contracts and currencies). Since the adoption, in 1986, of a Directive on banks annual and consolidated accounts...

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