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Europe Daily Bulletin No. 9808

20 December 2008
Contents Publication in full By article 19 / 42
GENERAL NEWS / (eu) eu/financial services
Towards adoption in first reading of changes to two settlement and clearing directives

Brussels, 19/12/2008 (Agence Europe) - On Thursday 18 December 2008, the European Parliament adopted a report by Piia-Noora Kauppi (EPP-ED, Finland) on a draft directive to amend Directive 98/26/EC on the definitive version of settlement and Directive 2002/47/EC on financial guarantee contracts. Giving its approval of a compromise text negotiated with the Council, the EP has kept the main objectives of the initial draft, namely strengthening the interconnection of clearing and...

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