Brussels, 06/07/2004 (Agence Europe) - The European Association of Craft, Small and Medium-Sized Enterprises (UEAPME) calls on the European Commission to use as much flexibility as possible when presenting, after the summer break, a directive that will transpose the recent Basel II agreement into EU law.
The agreement concluded between representatives of the most industrialised countries defines recommended requirements to be met by financial institutions regarding capital and risk analysis...