High Level Expert Group on EU Bank Reform Presents Recommendations
The High-level Expert Group on reforming the structure of EU banking has presented its recommendations for further reforms of the banking sector. Suggestions in the report cover the five following areas:
- Mandatory segregation of proprietary treading and other high-risk trading activities;
- Separation of activities conditional on the recover and resolution plan;
- Amendments to the use of bail-in instruments as a resolution tool;
- Capital requirements on trading assets and real estate related loans; and
- Increased governance and control of banks.