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European Union — United States: Financial Services Action Plan’s Regulatory Reform Issues (CRS Report for Congress)

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Release Date Jan. 24, 2007
Report Number RL32354
Report Type Report
Authors Walter W. Eubanks, Government and Finance Division
Source Agency Congressional Research Service
Summary:

This report provides an examination ofsome of the regulatory issues surrounding the most important of the EU's financialservices directives from the EU and the U.S. perspectives, using the same basicformat for each directive. The report also examines two new additional financialservices standards - the International Accounting Standards and the Basel II CapitalAccord - that are to be adopted in conjunction with the FSAP.