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The European Commission has published a Communication which sets out its thinking on how the financial sector could contribute to the cost of financing the resolution of failing banks
The Association for Financial Markets in Europe (AFME) has published a press release stating that six leading investment banks (Citi, Credit Suisse, Deutsche Bank, J.P. Morgan Cazenove, Morgan Stanley and UBS) have launched a voluntary initiative to improve post trade transparency in the European over-the-counter equity markets
The Investment Management Association (IMA) has issued a short press statement welcoming annuity reform and urges the Government to press ahead with the 2012 reforms on schedule
The EU Commissioner for Internal Market and Services, Michel Barnier, has given a press conference on his return from his official visit to the US and following recent calls by Heads of State and Government to accelerate the pace of financial reform
In April 2010, the Committee of European Banking Supervisors (CEBS) published for consultation draft guidelines for the joint assessment of the elements covered by the supervisory review and evaluation process and the joint decision regarding the capital adequacy of cross-border groups
