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The UK is required by the terms of an EU banking directive to implement these diversity requirements.
Thus, the EU's second banking directive granted banks a "single passport" so that they can offer their services throughout the EU without incurring regulation from lots of different jurisdictions.
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That said, steps have been taken to reduce the burden on the taxpayers of member states - by forcing losses, via a new Bank Resolution and Recovery Directive, on banks' most well-heeled creditors (holders of bank bonds and those with deposits that exceed 100,000 euros).
There was a sense then that United might be banking on a directive from the Air Transportation Stabilization Board, which was considering United's application for a loan guarantee package.
For banks, the EU directive came too early.
More than for its counterparts, the central bank's prime directive is to protect price stability.
Selig talked about minority suppliers and minority banks, but his directive talked about positions whose holders control budgets and have the authority to make decisions in baseball operations.
Dogger Bank (Doggersbank; Habitats Directive); Cleaverbank (Klaverbank; Habitats Directive); Vlakte van de Raan (Habitats Directive) in the 12 nm zone; Frisian Front (Friese Front; Birds Directive); and the Northern Coastal Zone between Bergen and the German border out to the 20 m isobath (extension of the SAC in the Coastal Zone of the Wadden Sea) (Kustzee; Birds and Habitats Directives).
The next task mandated by the eurozone is to put the bank recovery and resolution directive, one of the EU's post-crisis banking rules, into Greek national law.
About the same time, European tax officials began gaining possession of discs stolen from Swiss banks that held data on thousands of clients, and a strengthened European Union directive required banks to withhold a minimum level of tax even on secret accounts.
Implement the European Union's Bank Recovery and Resolution Directive, with the assistance of the European Commission, to prepare the nearly empty Greek banks for resumed cash infusions from the European Central Bank and prevent a run on deposits once they reopen.
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