Response to PCBS on proprietary trading

13 February 2013

Consultation response

Finance Watch Response to PCBS on proprietary trading

Brussels, 14 February 2013

Public interest association Finance Watchtoday published its submission to the UK’s Parliamentary Commission on Banking Standards (PCBS) on whether to ban proprietary trading inside bank groups that contain ring-fenced entities.

Finance Watch argues that a strong, simple ring-fence without loopholes would make such a ban unnecessary.