Brussels, 10/03/2009 (Agence Europe) - On Monday 9 March, the Parliamentary economic and monetary affairs committee adopted the report by Othmar Karas (EPP-ED, Austria) on the draft directive amending European rules on own-fund requirements for banks (see EUROPE 9752). It recommends a minimum threshold of 5% of debt securities to be retained by banks on their balance sheets while, at the same time, authorising an alternative solution to the requirement to retain debt securities. This would...