First Sentence:
The single market took a large step forward when the Second Banking Directive entered into force on 1 January 1993.
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Key Phrases - Capitalized Phrases (CAPs):
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Member States, Official Journal, European Parliament, European Commission, Banking Directive, Council Directive, Consumer Credit Directive, Solvency Ratio Directive, European Union, Prospectus Directive, Council of Ministers, Listing Particulars Directive, Capital Adequacy Directive, Investment Services Directive, Modernisation Directive, Bank Accounts Directive, European Council, Fair Value Directive, Stock Exchange Law Directive, Eighth Company Law Directive, Market Abuse Directive, Annual Accounts Directive, Merger Regulation, Seventh Company Law Directive, Basel Committee
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