Brussels, 01/07/2003 (Agence Europe) - The European Commission has published a third consultation paper on a new capital requirements framework for banks and investment firms. The directive, expected for 2004, adjusts the new international Basel II agreement to European scale. Basel II is on capital requirements and is due to come into force in 2006. The new rules will take greater account of risk analysis. According to a Commission press release, an impact study shows that capital...