The Council agreed on a general approach, pending the European Parliament's opinion in first reading, on a draft directive aimed at:
· at strengthening disclosure and capital requirements for the trading book and re-securitisation instruments in the banking sector;
· preventing remuneration policies that generate unacceptable levels of risk.
It requested the Presidency to pursue negotiations with the Parliament on the basis of its general approach, with a view to adopting the directive in first reading.