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Europe Daily Bulletin No. 8880

3 February 2005
Contents Publication in full By article 16 / 32
GENERAL NEWS / (eu) eu/financial services
First meeting of one of three expert groups on integration of clearing and settlement systems

Brussels, 02/02/2005 (Agence Europe) - The European Commission has announced that the first meeting of a group of around thirty experts tasked with looking into the legal issues surrounding the integration of clearing and settlement systems is to be held in Brussels. These systems are used in the so-called “after market” operations necessary to transfer the ownership of and payment for securities between a buyer and a seller.

In a press release, the Commissioner for the Internal Market,...

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