Loans and Finance

Loans and Finance


News and information about loans, money, debt, finance and business issues.
Powered by

Wednesday, March 04, 2015

UK Wins Case Against ECB

As per InfoCuria

THE GENERAL COURT (Fourth Chamber)

1.      Annuls the Eurosystem Oversight Policy Framework, published by the European Central Bank (ECB) on 5 July 2011, in so far as it sets a requirement to be located within a Member State party to the Eurosystem for central counterparties involved in the clearing of securities;
2.      Orders the ECB to bear its own costs and to pay those incurred by the United Kingdom of Great Britain and Northern Ireland

No comments:

Post a Comment