Brussels, 12/06/2007 (Agence Europe) - The Commission has launched a public consultation process, to run until 30 September 2007, on directive 2004/21/EC on reorganisation and winding up of credit institutions. The Commission is seeking to analyse whether the European legislation has fully achieved its goals or whether there remain any gaps or ambiguities.
Under directive 2001/24/EC, reorganising and winding up of credit institutions have to be carried out according to the principles of...