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Europe Daily Bulletin No. 8695

29 April 2004
Contents Publication in full By article 22 / 34
GENERAL NEWS / (eu) eu/financial services
Investment Services Directive is adopted

Brussels, 28/04/2004 (Agence Europe) - The Council finally adopted the investment services directive that will bring stock markets and financial institutions into competition for the sale of shares. This directive liberalises the capitals market on the basis of the principle of mutual recognition of authorisations granted by the surveillance authorities of the State of origin. It will mainly allow the sale of shares outside the stock market in States that did not hitherto allow this (France,...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS