Brussels, 11/06/2004 (Agence Europe) - The European Commission should present its proposal for the transposition of the new "Basel II" regulations on bank solvency into European legislation in mid-July, says Gerry Cross from the Commission's directorate-general for the internal market at a conference organised by the Centre for European Policy Studies (CEPS). According to him, the Basel committee should formally adopt the agreement which was concluded on 11 May following five years of...