Share the article
twitter-iconcopy-link-iconprint-icon
share-icon
Editor’s blogJanuary 27 2014

Why Germany wins when it comes to financial regulation

The financial regulatory landscape in Europe is being hailed as a better place by senior politicians, but better for whom? All of the victories seem to be German in nature, with the UK's influence diminishing ever further.
Share the article
twitter-iconcopy-link-iconprint-icon
share-icon

Sharon Bowles, chair of the European Parliament’s economic and monetary affairs committee, with its important role in banking regulation, declares that Europe is now in a better place in terms of financial system soundness than before the crisis.  

True, the moves towards higher capital levels and bail-in bonds mean that banks are safer and further away from ever needing taxpayer support, but it is hard to feel as optimistic about the resolution process and the critical question of who pays.

To continue reading, join our community and benefit from

  • In-depth coverage across key markets
  • Comments from financial leaders and policymakers worldwide
  • Regional/country bank rankings and awards
Activate your free trial