CRD challenges just beginning, say experts


At a British Bankers’ Association conference in London in mid-October, Peter Middleton, president of the association, set the tone in his keynote address by saying: "One plea that I’d like to make is that the same level of cooperation that took place in the creating of the directive itself goes into implementing it."

Middleton and others are concerned because although the CRD itself is a breakthrough in communication and cooperation between the industry and the EU, now the directive must be

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