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Europe Daily Bulletin No. 9787

21 November 2008
GENERAL NEWS / (eu) eu/financial services
Towards agreement on changes to EU capital requirements for banks

Brussels, 20/11/2008 (Agence Europe) - Member States' representatives to the EU decided by a qualified majority on general guidelines on Wednesday 19 November 2008 on the draft directive updating EU rules (Directive 2006/48/EC) on capital requirements for lending establishments (see EUROPE 9752). Austria is reported to be the only country that decided to keep a reservation on one element of the draft compromise submitted to the national delegations by the French Presidency of the EU. The...

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