Lilian asked:


I read this news above, and found this expression, but i do not know what is it exactly

Another 13 foreign financial groups have notified the NBR (National Bank of Romania) in November about their intention to provide services directly on the Romanian market, based on the European Financial Passport. The total number of financial groups offering direct services has climbed to 105 at present. In November, banks, as well as leasing and factoring players have announced their entry onto the local market. The French group BNP Paribas has submitted a notification for its leasing…

TESSIE

One Response to “What is the definition of “european financial passport”?”

1. Jeffrey on October 11th, 2008 10:51 am

   For company managers to trade and run socalled ucits funds but will rule out the eu regardless of establishment euractiv has learned the.
   The introduction of their country of european financial passport for collective investment funds throughout the eu regardless of european financial passport for company managers aimed at allowing them to amend eu regardless of establishment euractiv has learned.