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Europe Daily Bulletin No. 7902

14 February 2001
Contents Publication in full By article 10 / 40
GENERAL NEWS / (eu) eu/financial markets
Commission proposes implementing international accountancy standards from 2005 by Union companies listed on the market

Brussels, 13/02/2001 (Agence Europe) - On Tuesday, the European Commission adopted a draft regulation that would, from 2005, mean that all European Union companies quoted on a regulated market, including banks and insurance companies, would have to elaborate their consolidated accounts in compliance with international accounting standards, or IAS. The aim is to contribute to achieving an integrated financial market in Europe, as provided for by the Lisbon Summit, that could attract...

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