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Wednesday, April 1, 1992
Volume:
8
Issue:
4
Pg. 123
Abstract:
On April 6, the European Community ministers adopted a directive requiring banking supervisors to apply key prudential standards on a consolidated basis to a whole bank holding company group, as opposed to the bank itself. The EC Council of Ministers approved the directive on consolidated supervision of credit institutions. It will take effect January 1, 1993…[more]