Tag: Liikanen High-Level Expert Group
EU Banks- Too Big to fails, Too Big to Save- now Too Big To Separate
The European Commission has quietly buried its TBTF ringfence proposal. At least to the financial community, the contents of Tuesday’s publication of the Commission Work Programme for 2018 were more notable for what they omitted. Under the aspirational subtitle “A Deeper and Fairer Economic and Monetary Union”, Annex III of the Programme contains nine financial […]
EU Commission Publishes Liikanen Consultation
Introduction On 16 May 2013, the EU Commission published “Reforming the structure of the EU banking sector”, a consultation paper which represents a follow-up to the recommendations made by the Liikanen High-Level Expert Group (the “HLEG”) in its report of October 2012. The deadline for responses to the consultation is 3 July 2013. The consultation […]