Recovery and Resolution Directive (RRD): Protection of small depositors guaranteed
21/05/2013
Last night the European Parliament's Economic and Monetary Affairs committee adopted its report on an EU framework for bank recovery and resolution, which aims to provide Member States' relevant authorities with common and...
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ALDE backs better protection for home buyers
27/04/2013
After months of negotiations, last night an agreement was reached between the European Parliament, Council and Commission on the mortgage credit Directive which aims to create a level playing field where minimum harmonisation...
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Strengthening EU banks and curbing excessive bonuses
16/04/2013
The European Parliament formally adopted today the agreement reached last February with Council and Commission on updated prudential banking rules referred to as CRD IV, establishing minimum capital requirements for Europe's...
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Doubts still remain on workability of banking union agreement
19/03/2013
Parliament and Council reached today an agreement on establishing a single supervisory mechanism, the first building block of the Banking union.
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Further examination of a form of common bond issuance is justified
16/01/2013
Today the European Parliament voted on the report by ALDE MEP Sylvie Goulard (Modem, France) on the "feasibility of the introduction of stability bonds" which responds to the Green Paper launched by the Commission in November...
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Verhofstadt strongly criticizes first Commission draft on banking resolution
16/01/2013
Addressing the incoming rotating President of the Council, Irish Taioseach Enda Kenny in Strasbourg today and in the presence of the president of the European Commission José Manuel Barroso, Guy Verhofstadt strongly criticized...
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An EU Single Supervisor needed without delay
29/11/2012
Today the European Parliament's Economic and Monetary Affairs committee adopted the legislative package establishing a Single Supervisory Mechanism, a key element for the creation of a European Banking union. For the ALDE Group,...
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Parliament approves stronger protection for investors in financial products
26/10/2012
Today the European Parliament signed off the review of the Markets in Financial Instruments Directive (MiFID II), proposed by the Commission in 2011 to take into account developments in the trading environment and to respond to...
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Verhofstadt: "Ecofin fools itself - decision to merge the EFSF and ESM is still just another stop-gap remedy to the crisis"
30/03/2012
"The decision of Ecofin of today to merge the EFSF and ESM will not provide long-term stability to bond markets if the crisis sucks in larger Eurozone economies" said ALDE Group Leader Guy Verhofstadt following the consensus...
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New Derivatives regulation: EP ensures more choice and efficient services for consumers
29/03/2012
Today the European Parliament has signed off, after months of negotiations with the Council and the Commission, a first reading agreement on regulating the trading of over-the-counter (OTC) financial derivatives, partly blamed...
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