On the European Commission’s Proposal for a Structural Reform of Banking
|Publication:||Press Article, 2014|
|Topic Area:||Financial Intermediation|
|Authors:||Jan Pieter Krahnen|
|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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