Lehmann, Matthias (2014) Volcker rule, ring-fencing or separation of bank activities:comparison of structural reform acts around the world. LSE Law, Society and Economy working paper series (25/2014). London School of Economics and Political Science, London, UK.
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Abstract
One of the key issues in the on-going overhaul of the global financial system is the structural reform of banking systems. Legislatures in different states, e.g. the United States, France, Germany, and the United Kingdom, have all taken measures to protect individual depositors' assets against losses from risky bank activities. On 29 January 2014, the European Commission joined the transnational effort by publishing its own proposal on the subject. This contribution shows how the same economic goal is implemented through different approaches by legislatures across the globe. It also analyses how this legal diversity will affect the level playing field in the competition for banking services and the consistency of global financial regulation.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Official URL: | http://www.lse.ac.uk/collections/law/wps/wps1.htm |
| Additional Information: | © 2014 The Author |
| Divisions: | Law |
| Subjects: | H Social Sciences > HG Finance J Political Science > JX International law K Law > K Law (General) |
| Date Deposited: | 19 Dec 2014 17:00 |
| Last Modified: | 11 Dec 2024 19:15 |
| URI: | http://eprints.lse.ac.uk/id/eprint/60570 |
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