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Europe Daily Bulletin No. 7766

27 July 2000
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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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION