login
login

Europe Daily Bulletin No. 8018

1 August 2001
Contents Publication in full By article 19 / 41
GENERAL NEWS / (eu) eu/financial services
Commission refers UK to the Court for not having transposed directive on investor compensation in Gibraltar

Brussels, 31/07/2001 (Agence Europe) - The European Commission has decided to refer the United Kingdom to the Court of Justice as it has failed to notify transposition measures to Gibraltar of the directive on the system for investor compensation. Directive 97/9EC provides for Member States having to ensure the setting up of one or several systems intended to compensate investors (up to ceiling that cannot be less than 20,000 euro) in case of an investment firm going bankrupt (bank of...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION