Brussels, 23/07/2003 (Agence Europe) - The Comité Européen des Assurances (CEA) and the European Association of Cooperative and Mutual Insurance Companies (ACME) have welcomed the Council's decision to adopt all the IAS (International Accounting Standards, which will apply in the EU from 2005) with the exception of IAS 32 and 39. European banks and insurance companies challenge IAS 32 and 39 on how financial instruments are to be dealt with in consolidated company accounts (the details are...