Response to PCBS on proprietary trading

Consultation response
Finance Watch
Regulation(s) covered in this publication
  • BSR
  • PCBS
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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.

 

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