| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/14/1119 (10.10.14) |
| Publication Date | 10/10/2014 |
| Content Type | News |
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The European Commission adopted on the 10 October 2014 delegated acts under the Solvency II Directive and the Capital Requirements Regulation which will help promote high quality securitisation, ensure that banks have sufficient liquid assets in testing circumstances and introduce international comparability to leverage ratios. The package of 10 October 2014 is part of the ongoing calibration of the regulatory framework to ensure that it enables the financial sector to effectively support the real economy, without jeopardising financial stability. It is also part of the overall objective of the European Commission to boost jobs, growth and investment. As President-elect Juncker announced in his Political Guidelines of 15 July 2014, he intends to mobilise up to € 300 billion in additional public and private investment in the real economy over the next three years by proposing an ambitious Jobs, Growth and Investment Package during the first three months of the mandate of the next European Commission. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-1119_en.htm |
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| Subject Categories | Business and Industry, Economic and Financial Affairs |
| Countries / Regions | Europe |
