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Europe Daily Bulletin No. 9194

18 May 2006
Contents Publication in full By article 29 / 33
GENERAL NEWS / (eu) eu/financial services
Commission consults on evaluation of Settlement Finality Directive

Brussels, 17/05/2006 (Agence Europe) - On 16 May, the Commission invited industry, consumers and other stakeholders to comment on the evaluation report of December 2005 on the implementation of directive 98/26/EC on Settlement Finality in payment and securities settlement systems (see EUROPE 9091). The consultation exercise, which is open until 30 June, will assess whether or not the directive needs revision.

The evaluation report identifies ten areas which need to be considered very...

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