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Bank regulation is relevant to corporate treasurers |
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In an informal meeting with the European Commission the EACT was invited to submit a short briefing note on the reasons why the non-financial sector has an interest in the 'post-crisis' future of bank regulation.
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Brussels, 15 July 2009 (for immediate release) – The Single Euro Payments Area (SEPA) that aims to establish one set of Europe-wide rules for credit transfers, debt transfers and payment card services risks not being sufficiently taken up by the market and failing to meet its objective to improve the efficiency of cross border euro payments, according to 8 leading European business and consumer organisations.
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