Financial Collateral Directive: Difference between revisions

Financial Collateral Directive (view source)

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Revision as of 09:06, 5 December 2014 (view source) Amwelladmin (talk \| contribs) (Created page with "the {{tag\|Financial Collateral Directive}} ({{eurdirective\|2002\|47\|EC}}) is a well-intended piece of {{tag\|EU Legislation}} that, by common consent, didn't quite achieve what ...")		Revision as of 09:06, 5 December 2014 (view source) Amwelladmin (talk \| contribs) No edit summary Newer edit →
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	the {{tag\|Financial Collateral Directive}} ({{~~eurdirective~~\|2002\|47\|EC}}) is a well-intended piece of {{tag\|EU Legislation}} that, by common consent, didn't quite achieve what it set out to, which was to introduce "a Community framework to reduce credit exposure in financial {{tag\|collateral}} arrangements. These common rules contribute to the effectiveness and integration of European financial markets, reducing credit losses and thereby stimulating cross-border transactions and competitiveness."		the {{tag\|Financial Collateral Directive}} ({{eudirective\|2002\|47\|EC}}) is a well-intended piece of {{tag\|EU Legislation}} that, by common consent, didn't quite achieve what it set out to, which was to introduce "a Community framework to reduce credit exposure in financial {{tag\|collateral}} arrangements. These common rules contribute to the effectiveness and integration of European financial markets, reducing credit losses and thereby stimulating cross-border transactions and competitiveness."

	===Interpretation===		===Interpretation===