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Resolution or ringfencing? Doubts rise with ICB to follow FSA.
- Source :
- Euroweek; 8/12/2011, Issue 1217, p36-36, 1p
- Publication Year :
- 2011
-
Abstract
- The article discusses market reactions on consultations launched by Great Britain's Financial Services Authority on bank resolution and recovery as of August 12, 2011. Market players reportedly warned that the consultations blurred requirements for banks to facilitate winding up and make taxpayer-funded rescues less likely. It notes that the proposals were widely welcomed with bankers differing on their impact compared to that of next month's paper from the Independent Commission on Banking.
- Subjects :
- BANKING industry
FINANCIAL services industry
Subjects
Details
- Language :
- English
- ISSN :
- 09527036
- Issue :
- 1217
- Database :
- Complementary Index
- Journal :
- Euroweek
- Publication Type :
- Periodical
- Accession number :
- 67118490