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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.

Details

Language :
English
ISSN :
09527036
Issue :
1217
Database :
Complementary Index
Journal :
Euroweek
Publication Type :
Periodical
Accession number :
67118490