Banking Reform Bill

European Commission Publishes Proposed Legislative Reforms of EU Banks

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

Banking Reform Bill Completes Committee Stage in House of Commons

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

UK’s HM Treasury Unveils Bank Break-Up Legislation, Expects Passage Next Year

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