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EU Council Documents: Revised capital requirements rules CRD IV – First Reading, Statements by the Commission

( April 2, 2013, 12:50 GMT | Official Statement) -- MLex Summary: The European Commission said it will not automatically sue EU countries that miss a Jan. 1, 2014, deadline to implement the fourth Capital Requirements Directive in national law, in a pledge to spur senior national diplomats to endorse an agreement on the legislation with the European Parliament. But the EU executive body said it would sue if the council of governments would ever fail to consider a commission proposal to block national capital requirements at variance with the law.Click the attachment at bottom for the full documents:...

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