Banking Directives

Banking regulations instituted in Europe in the 1970s and 1980s in anticipation of the introduction of the euro. The first banking directive encourages cooperation between EU nations in the establishment and regulation of credit institutions. The consolidated supervision directive requires two institutions in different countries to be regulated on a supranational basis if one owns more than 25% of the other. Finally, the second directive created a single banking license throughout the EU.

单词	banking directives
释义	Banking Directives Banking Directives Banking regulations instituted in Europe in the 1970s and 1980s in anticipation of the introduction of the euro. The first banking directive encourages cooperation between EU nations in the establishment and regulation of credit institutions. The consolidated supervision directive requires two institutions in different countries to be regulated on a supranational basis if one owns more than 25% of the other. Finally, the second directive created a single banking license throughout the EU.
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