Tag Archives: Press Release,Economic and Monetary Affairs,ECON :: Economic and Monetary Affairs

MEPs close deal on stricter controls over the banking sector

Last night a delegation of MEPs struck a political agreement with Council and Commission on updated prudential banking rules referred to as CRD IV establishing minimum capital requirements for Europe’s banks in line with Basel III provisi…

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Libor scandal: Punishment for banks should be to split up

The breadth of the scandal about the manipulation of benchmarks, such as LIBOR and EURIBOR, has pushed the European Commission to suggest today amending its proposals of 20 October 2011 which revises EU legislation on market abuse, includ…

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