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Image header Agence Europe
Europe Daily Bulletin No. 9091
Contents Publication in full By article 28 / 38
GENERAL NEWS / (eu) eu/financial services

Positive assessment of directive on final nature of directive

Brussels, 16/12/2005 (Agence Europe) - On 15 December, the Commission published an assessment report on Directive 1998/26/EC concerning the definitive nature of the regulation. The directive aims to reduce the systemic risk associated with participation in payment and securities settlement systems. The report concludes that the legislation in question works well and the Member States are pleased. The latter consider that the directive improves protection against risk, increases legal...

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