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Regions / Europe

Newsletter Dec 2007: Eight priorities for creating efficient EU banking

Simon Turmaine | December 19, 2007

BRUSSELS – Eight priorities for action are set out in a new report aimed at creating an efficient framework for the activities of the European banking sector in coming years. They include the removal of barriers to cross-border consolidation; achieving a level playing-field among different market participants; making consolidated prudential supervision work; and reforming the VAT (sales tax) treatment of financial services.

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