EU moves to free hands of financial regulators

By Rikard Jozwiak - 26.01.2009 / 16:52 CET

Commission moves to simplify decision-making processes and to provide funding.

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EU-wide pension rules ‘will force funds to close down'

Commission wants funds to hold more money but industry says costs will be too high.

System would enable groups of consumers to bring compensation claims against companies.

International standards could be held up by a year.

International standards could be held up by a year.

The differing way that EU directives are transposed and implemented is a problem for the EU.

System would enable groups of consumers to bring compensation claims against companies.

Commission wants funds to hold more money but industry says costs will be too high.

Tendering procedures to be streamlined.

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