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Europe Daily Bulletin No. 8012

23 July 2001
Contents Publication in full By article 13 / 35
GENERAL NEWS / (eu) eu/financial services
Further consultations on rules relating to own-funds for banks and investment companies

Brussels, 23/07/2001 (Agence Europe) - The European Commission has launched additional consultations on the application of the new rules relating to own-funds for banks and investment companies. It thereby intends to take advantage of the new deadline set by the Bank control committee of the International Settlements Bank, the "Basel Committee", that has postponed implementation of the new international rules on the ratio of the solvency of banks to 2005, and decided to pursue further...

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