Radwan report highlights potential problems for investment firms


BRUSSELS -- Member of the European Parliament Alexander Radwan released another working draft of his report to the EU Parliament in late May, and presented the report to the Committee on Economic and Monetary affairs. In the report, Radwan draws the committee’s attention to some key op risk issues.

Increases in capital

For example, in the EU, the Basel II proposals are going to be effectively applied to the asset management community as well as banks through the third capital adequacy directive

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