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mercredi 14 novembre 2012
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ABBL Comments on the Report of the High-Level Expert Group on Reforming the Structure of the EU Banking Sector
The ABBL welcomes the opportunity to comment the report of the High-Level Expert Group (the HLEG) on reforming the structure of the EU banking sector chaired by Erkki Liikanen, which constitutes a well-documented and robust analysis. We are keen to provide our views on the mandatory separation of proprietary trading activities and other significant trading activities expressed in recommendations 1 2 of the report. Summary The HLEG Report is a very good and useful piece of work, but its excellent analysis on the merits of the European universal banking model is not followed by the necessary conclusion that any split of banking activities might be counterproductive. On the other items, the Report highlights the essential points of...
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