11/05/2009 (Agence Europe) - In response to the European Commission announcement that it is to launch legislative initiative to harmonise pre-contractual disclosures on retail investment products (see EUROPE 9891) the European Banking Federation (EBF) has warned against a “one-size-fits-all” approach for banks. It fears that such a standardised approach will not take account of the particular characteristics of the individual product. With regard to harmonising the rules governing the...