On the European Commission’s Proposal for a Structural Reform of Banking

Publication: Press Article, 2014
Topic Area: Financial Intermediation
Authors: Jan Pieter Krahnen
Date: Jan 2014
Keywords: proprietary trading, banking separation proposals, Liikanen Commission

On January 29, 2014, EU Commissioner Barnier published a draft law proposing a ban for proprietary trading by big banks in Europe. In this opinion piece, published in a German newspaper on 30 January, 2014, Jan Pieter Krahnen, who was a member of the Liikanen Commission, argues that the proposal could prove to be effective in preventing systemic risk.

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