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Europe Daily Bulletin No. 9751

1 October 2008
Contents Publication in full By article 18 / 38
GENERAL NEWS / (eu) eu/financial services
Commission proposes to stiffen capital requirements for banks affected by financial turmoil

Brussels, 30/09/2008 (Agence Europe) - On Wednesday 1 October, the European Commission will present an eagerly awaited legislative proposal revising European rules on banking activities and capital requirements to which they are subject (directives 2006/48/EC and 2006/49/EC, known as “Basel II”) (see Europe 9477). The main points of this initiative refer to: improving the supervision of pan-European banking groups, of liquidity risks and management of broad exposure, beefing up rules on...

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