Creditor-friendly changes to Collateral Act

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Creditor-friendly changes to Collateral Act

20-05-2011

On May 12 2011 Parliament passed Bill 6164, which implements the EU E-Money Directive (2009/110/EC) and Directive 2009/44/EC amending the Settlement Finality Directive and the Collateral Directive.

Source: ILO - May 2011

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