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Archive » April 2012 » The new approach to banking regulation in Uk: what it says on the future of supervision

The new approach to banking regulation in Uk: what it says on the future of supervision

Alessandra de Petris, Lorenzo Esposito
April 2012 - n°4
Jel codes: G28, G38

The conclusions of the Vickers Report, broadly accepted by the Uk government, put the country on the forefront of the reform movement affecting banking supervision. The traditional British light regulatory touch, this time, has given way to a decisive crackdown, mainly due to the effects of the crisis on the Uk economy and public finances. Given the importance of the British banking sector and the role still held by the City, the choices that will prevail on banking regulation and their enforcement across the Channel will play an important role in the debate on the future of regulation in Europe and internationally

 

 

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