Traduction de «Postal saving bank book » (Anglais → Français) :

On 10 May 2007, the Commission required France to put, within 9 months, an end to the special rights granted to three banks for the distribution of these saving books (" livret A " distributed by Banque Postale and Caisse d'Épargne and " livret bleu " by Crédit Mutuel).

The Commission will propose: A comprehensive legislative instrument establishing regulatory and supervisory standards for hedge funds, private equity and other systemically important market players(April 2009) A White Paper on tools for early intervention to prevent a crisis (June 2009) On the basis of a report on derivatives and other complex structured products (June 2009), appropriate initiatives to increase transparency and ensure financial stability Legislative proposals to increase the quality and quantity of prudential capital for trading book activities and tackle complex securitisation (June 2009) and to address liquidity risk a ...[+++]nd excessive leverage (Autumn 2009) A rolling programme of actions to establish a far more consistent set of supervisory rules (to be launched in 2009) To ensure that European investors, consumers and SMEs can be confident about their savings, access to credit and their rights as concerns financial products, the Commission will come forward with: A Communication on retail investment products to strengthen the effectiveness of marketing safeguards (April 2009) Further measures to reinforce bank depositor, investor and insurance policy holder protection (Autumn 2009) Measures on responsible lending and borrowing (Autumn 2009) To improve risk management in financial firms and align pay incentives with sustainable performance.

PI’s liabilities are essentially made up of current accounts (postal current accounts). This is not the case with ‘normal’ banks, which rely notably on bonds, current accounts, savings accounts etc.

The European Commission has asked France to amend its legislation within nine months in order to eliminate the obstacles to the internal market rules represented by the special rights to distribute savings books ("livret A" and "livret bleu") granted to Banque Postale, Caisses d’Epargne and Crédit Mutuel.

(f) vehicles used as shops at local markets or for door-to-door selling, or used for mobile banking, exchange or saving transactions, for worship, for the lending of books, records or cassettes, for cultural events or exhibitions, and specially fitted for such uses;

Already over the last nine months we have seen more initiatives to provide workable improvements to cross-frontier payment systems than in the previous ten years: Telegiro the postal banks transfer system; TIPAnet the cooperative banks cross-European linkup; Eufiserv the European Savings Banks ATM linkage; and a series of commercial bank linkups modernising correspon ...[+++]dent banking networks.