What’s happening?
In January 2015, the rapporteur to the European Parliament on bank structural reform, Gunnar Hokmark, submitted his draft report. This is his reinterpretation of a legislative proposal by the outgoing European commissioner Michel Barnier a year earlier. Mr Barnier’s draft was itself based on a 2012 report by the EU’s expert group chaired by Finland’s central bank governor Erkki Liikanen.
