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Europe Daily Bulletin No. 8829

18 November 2004
Contents Publication in full By article 12 / 29
GENERAL NEWS / (eu) eu/financial services/ecofin
Development of European legislation must be based on consultation and systematic impact studies

Brussels, 17/11/2004 (Agence Europe) - Tuesday's Ecofin Council placed emphasis on consultation between all actors when it comes to the integration of financial services. It extends the "Lamfalussy" approach to occupational pension schemes, and the banking and insurance sectors. The Commission will present an impact study on a future draft directive concerning "post market" operations.

On the subject of financial service integration, the Council invites the Commission to take into account...

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