Abel Mateus, Dec 22, 2011
Although important reforms have been undertaken in the United States and the European Union in the aftermath of the Great Financial Crisis of 2007-2009, major areas still need to be addressed. The Vickers Commission proposes a set of measures to solve the problem of too big to fail in the United Kingdom. The proposal centers around the idea of ring fencing commercial banks and defining capital requirements separately for this compound. This paper discusses the pros and cons of the Vickers Commission proposal, comparing it with the Volcker rule, and problems of implementation. Complementary policies yet to be studied are also proposed.
Links to Full Content
Featured News
UK Probes Lindab’s Acquisition of HAS-Vent Amid Fears of Market Monopoly
Apr 28, 2024 by
CPI
Shein Faces EU Regulations Over User Data
Apr 28, 2024 by
CPI
Google Fights Back Against US Antitrust Lawsuit
Apr 28, 2024 by
CPI
US Homeland Security Establishes Blue-Ribbon Board with Tech CEOs to Advise on AI
Apr 28, 2024 by
CPI
FTC Accuses Amazon Executives of Using Disappearing Messaging Apps to Conceal Evidence
Apr 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI