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Europe Daily Bulletin No. 9949

28 July 2009
Contents Publication in full By article 10 / 37
GENERAL NEWS / (eu) eu/financial services
Consultation on introduction of dynamic provisioning in European banking legislation

Brussels, 27/07/2009 (Agence Europe) - The European Commission is carrying out a consultation, to continue until Friday 4 September, on the latest in a long line of revisions of the banking directive "Bâle II". It hopes to sound out interested parties on their reactions to the introduction of the concept of dynamic provisioning, in line with the conclusions of the most recent Ecofin Council (EUROPE 9936). A proposed directive is scheduled for October 2009. The Commission, which is well...

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