Working Paper – Structural bank regulation initiatives
Structural bank regulation initiatives: approaches and implications,
The paper examines the basic rationale and features of the proposals adopted to separate specific investment and commercial banking activities (Volcker rule, Vickers and Liikanen proposals). In particular, it focuses on the likely implications of such initiatives for: (i) financial stability and systemic risk; (ii) banks’ business models; and (iii) the international activities of global banks.
Related postings on financial system
by Leonardo Gambacorta and Adrian Van Rixtel. Working Papers No 412, April 2013