Banks Prepare To Revamp Systems And Operations For EMU Compliance


EUROPEAN financial institutions are launching major IT projects to handle the operational implications of European Monetary Union (EMU).

David Hennah, head of the euro programme office at Barclays Bank says the bank has allocated nearly £200 million towards making essential systems EMU compliant. He declines to comment further on Barclays' EMU project, however.

Paribas Capital Markets is also making major IT efforts in preparation for EMU. The Paris-based bank recently completed an investigation

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here