| 释义 |
banking directives Directives on various aspects of banking practice issued by the EU parliament and Council of Ministers for implementation in member states; they include directives on solvency ratios, large exposures, and money laundering. The most important is the Second Directive, which concerns the licensing of banks in EU countries other than their domicile; it also makes stipulations about capital adequacy. The Investment Services Directive seeks to apply the principles outlined in the Second Directive to investment products. |