COMMON POSITION(EC) No 23/98 adopted by the Council on 9 March 1998 with a view to adopting European Parliament and Council Directive 98/.../EC of ..., amending Article 12 of Council Directive 77/780/EEC on the taking up and pursuit of the business of credit institutions, Articles 2, 5, 6, 7, 8 and Annexes II and III to Council Directive 89/647/EEC on a solvency ratio for credit institutions and Article 2 and Annex II to Council Directive 93/6/EEC on the capital adequacy of investment firms and credit institutions.