On May 6, the European Commission published a roadmap for legislative changes. This follows the October 2012 publication of the Liikanen report, which provided a set of recommendations on banking reform sponsored by the...more
On April 16, the Financial Services (Banking Reform) Bill 2012-13 completed its committee stage in the House of Commons. A revised version of the Bill, as amended in the committee stage, has been published....more
On February 4, Britain’s HM Treasury introduced legislation—entitled the Banking Reform Bill—that would provide regulators with new authority to break up a bank if its investment activities put deposits at risk. The...more
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