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Europe Daily Bulletin No. 8360

13 December 2002
Contents Publication in full By article 21 / 28
GENERAL NEWS / (eu) u/insurance
Next week, Commission may initiate procedure against Lloyd's

Brussels, 12/12/2002 (Agence Europe) - Next week, the Commission may decide to pursue an infringement procedure against Lloyd's of London and its reinsurance company Automobile Equitas, Jonathan Todd, spokesman for Commissioner Frits Bolkestein, said on Thursday. The Commission will scrutinise implementation by the British Government of legislation over bank supervision, notably the legislation that calls on the authorities of the Member State to ensure that financial organisations have...

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