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Wall Street Pit
The EU's finance ministers are furiously debating the piece of banking legislation known as CRD4/CRR (the abbreviations stand for the fourth Capital Requirements Directive and the Capital Requirements Regulation). The measure is intended to implement ...
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Financial News
In reality, however, member states' sanctioning regimes are “weak and heterogeneous” and “insufficiently dissuasive”, according to the European Commission, resulting in an “ineffective enforcement of the directive”. In other words, Europe remains soft ...
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