Brussels, 28/04/2004 (Agence Europe) - On Wednesday, the European Commission launched a consultation into securities clearing and settlement, "back office" operations which allow the transfer of payment and ownership of securities after an agreement has been concluded between buyer and seller. In a press release, it presents a draft framework directive and proposes to set up an expert group. Interested parties have until 30 July to make their positions known. The draft framework directive...