Brussels, 09/01/2007 (Agence Europe) - On Tuesday 9 January, the Commission presented its evaluation report on the implementation of directive 2002/47/EC on financial collateral arrangements. “The overall impression is that the (directive) is functioning well”, although it is still too soon to give a final assessment of its impact, it says in the report's conclusions. In particular, European legislation has made the use of financial collateral and the enforcement of collateral...