Press Release: Council strengthens tools to counter financial market instability and to enhance liquidity

Author (Corporate)
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Series Details PRES/09/99 (27.4.09)
Publication Date 2007
Content Type

The Council adopted a directive amending directives 98/26/EC on settlement finality in payment and securities settlement systems and 2002/47/EC on financial collateral
arrangements as regards linked systems and credit claims (3742/08 REV2), following a first reading agreement with the European Parliament.
Source Link Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/misc/107390.pdf
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