Press Release: Financial services: new rules on credit rating agencies, bank capital requirements, cross-border payments and e-money, and a programme to support the effectiveness of EU policies

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Series Details PRES/09/234 (27.7.09)
Publication Date 27/07/2009
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The Council today (27.7.2009) adopted a regulation introducing a legal framework for credit rating agencies and a directive updating capital requirements for banks,
which constitute a significant part of the work programme it launched last autumn in response to the financial crisis.
Source Link Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/misc/109349.pdf
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