   |
Posted on May 20th, 2012
The EU is set to make its banking sector more resilient to financial shocks, as stricter capital requirements for banks and investment firms were given political approval by the Economic and Financial Affairs Council on 15 May 2012. Today’s unanimous agreement provides a basis for negotiations with the European Parliament. These new [...] Posted on April 10th, 2012
On Saturday March 24, the final text of the new EU Regulation on Short Selling and Certain Aspects of Credit Default Swaps was published in the Official Journal of the European Union. This regulation imposes: Notification and public disclosure requirements on net short positions in EU shares, and notification requirements on net short positions in [...] Posted on March 19th, 2012
On 13 March 2012 the Economic and Financial Affairs Council took stock of the work done on the proposal for a directive on the EU-wide financial transaction tax. The ministers identified the outstanding issues and discussed the next steps. The Danish Presidency concluded that the first technical reading of the proposal had been [...] Posted on February 26th, 2012
On 21 February, the Economic and Financial Affairs Council adopted new rules for short selling and certain aspects of credit default swaps. The regulation introduces common EU disclosure requirements and harmonises the powers that regulators may use in exceptional situations where there is a serious threat to financial stability. The regulation – [...] Posted on February 13th, 2012
The Danish Presidency has achieved another concrete result. Agreement was reached on February 9 2010 between the Council and the European Parliament over new rules for trading in financial derivatives. The new EU rules mean that all trades in financial derivatives shall now be cleared by a central counterparty. The central counterparty stands [...] 9 pages
|
|
|
|
||