IT GRC Forum

FacebookJoin our Linkedin Group!Follow us on Twitter!Subscribe to our Feeds!
E-mail

EU officials agree on new banking rules

May 16, 2012 - Finance ministers from across the European Union (EU) have finalised an agreement that will overhaul regulation in the region's banking industry.

Negotiations between the 27 policymakers yesterday (15 May) resulted in the unanimous approval of fresh rules that have been designed to prevent the need for another bailout should financiers run into more serious difficulties in the future.

Under the terms of these new laws - which will now be put before the European Parliament before coming into effect next month - lenders will be required to hold tier 1 capital of 4.5 per cent.

This represents a significant upturn on the current figure of two per cent and should ensure that companies are more protected against debt problems.

Following the talks, Michel Barnier, internal markets commissioner for the EU, said these changes should "strengthen the resilience of the banking sector in the EU while ensuring that banks continue to finance economic activity and growth".

Trackback(0)
Comments (0)add comment

Write comment

busy
 

pornocoelho pornocobra pornozebra sexocangrejo pornobanan pornocanguru pornoelefante sexocisne pornogazela sexochacal sexomarsopa


Subscribe via Email

 Your Email:
Banner
Banner
Banner
Banner

air max pas cher nike air max pas cher air max pas cher nike air max pas cher air max pas cher nike air max pas cher air max pas cher nike air max pas cher air max pas cher nike air max pas cher air max pas cher air max pas cher air max 90 pas cher nike air max pas cher air max pas cher nike tn pas cher nike air max pas cher nike tn nike tn pas cher tn pas cher louboutin pas cher chaussure louboutin pas cher louboutin soldes air max pas cher air max pas cher nike air max pas cher doudoune moncler pas cher doudoune moncler barbour paris barbour paris pas cher hogan outlet hogan outlet online scarpe hogan outlet tiffany outlet tiffany outlet italia air jordan air jordan pas cher jordan pas cher air jordan site officiel