Strasbourg, 14/12/2007 (Agence Europe) - On Thursday 13 December, the European Parliament adopted an own initiative report by German Social Democrat Christian Ehler on the report on deposit guarantee systems (see EUROPE 9317). Like the European Commission, the rapporteur believes that there is no need at present to consider amending Directive 94/19/EC because the functioning of the EU's regulatory framework can be improved through industry self-regulation.
EU legislation requires member...