Cross-border clearing and settlement arrangements in the European Union

Author (Corporate)
Series Title
Series Details No.163, February 2002
Publication Date February 2002
ISSN 1016-8060
Content Type

The findings reported here raise some serious concerns. Relative to domestic transactions, transactions within the European economy that occur across Member Sates are far more complex, are hindered by a number of significant barriers and, given the data that the group has been able to collect, are much more costly than domestic transactions.
Source Link http://ec.europa.eu/economy_finance/publications/publication_summary1960_en.htm
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http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/1654&format=HTML&rapid=0&language=EN&guiLanguage=en http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/1654&format=HTML&rapid=0&language=EN&guiLanguage=en
http://ec.europa.eu/comm/economy_finance/publications/giovannini/clearing1101_en.pdf http://ec.europa.eu/comm/economy_finance/publications/giovannini/clearing1101_en.pdf
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