Volcker Rule, Ring-Fencing or Separation of Bank Activities - Comparison of Structural Reform Acts Around the World

18 Pages Posted: 9 Dec 2014

Date Written: November 6, 2014

Abstract

One of the key issues in the on-going overhaul of the global financial system is the structural reform of banking systems. Legislatures in different states, e.g. the United States, France, Germany, and the United Kingdom, have all taken measures to protect individual depositors’ assets against losses from risky bank activities. On 29 January 2014, the European Commission joined the transnational effort by publishing its own proposal on the subject. This contribution shows how the same economic goal is implemented through different approaches by legislatures across the globe. It also analyses how this legal diversity will affect the level playing field in the competition for banking services and the consistency of global financial regulation.

Suggested Citation

Lehmann, Matthias, Volcker Rule, Ring-Fencing or Separation of Bank Activities - Comparison of Structural Reform Acts Around the World (November 6, 2014). LSE Legal Studies Working Paper No. 25/2014. Available at SSRN: https://ssrn.com/abstract=2519935 or http://dx.doi.org/10.2139/ssrn.2519935

Matthias Lehmann (Contact Author)

University of Bonn ( email )

Institute of Private International Law
Adenauerallee 24-42
Bonn, 53225
Germany
+49228737100 (Phone)
+49228739180 (Fax)

HOME PAGE: http://www.jura.uni-bonn.de/index.php?id=7208

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