Author (Corporate) | European Commission: DG Communication |
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Series Title | Memo |
Series Details | MEMO/13/338 (16.04.13) |
Publication Date | 16/04/2013 |
Content Type | News, Overview |
In a statement, President Barroso welcomed the vote in the European Parliament on 16 April 2013 on the capital requirements directive, CRD4. This is the foundation for the single rulebook for banks and will ensure that banks across the EU build up the necessary capital to absorb future shocks themselves, without asking the taxpayer for help. The rules are designed top put an end to the culture of excessive bonuses, which encouraged risk-taking for short-term gains. |
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Source Link | http://europa.eu/rapid/press-release_MEMO-13-338_en.htm |
Related Links |
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Subject Categories | Business and Industry |
Countries / Regions | Europe |
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