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Europe Daily Bulletin No. 8681

6 April 2004
Contents Publication in full By article 31 / 43
GENERAL NEWS / (eu) eu/financial services
Parliament gives conditional yes to extension of Lamfalussy procedure to all financial services

Strasbourg, 05/04/2004 (Agence Europe) - Following its rapporteur, German Social Democrat Christa Randzio-Plath last Wednesday, the European Parliament approved, with amendments (codecision, first reading) the European Commission's proposed directive of November 2003 to extend the Lamfalussy procedure, which is currently limited to stock-market securities, to banks, insurers and collective investment funds. All financial services will be covered by the Lamfalussy approach, says Ms...

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