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Europe Daily Bulletin No. 9038

30 September 2005
Contents Publication in full By article 22 / 31
GENERAL NEWS / (eu) ep/financial services
Parliament says "yes" to "Bâle II” - MEPs' inspection clause over measures under comitology were last obstacle to adoption of directive

Strasbourg, 29/09/2005 (Agence Europe) - On 28 September, the European Parliament adopted the report by Alexander Radwan (EPP/ED, Germany) on the proposed directive on the capital adequacy of investment funds and credit establishments. The right of MEPs to inspect future application measures coming under the comitology procedure was the final bone of contention between the Parliament and the Council. The MEPs inserted a sunset clause, which authorises the Commission to take application...

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THE DAY IN POLITICS
GENERAL NEWS
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