Arab Today, arab today eu unveils new plans on banking reform
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

EU unveils new plans on banking reform

Arab Today, arab today

Arab Today, arab today EU unveils new plans on banking reform

Brussels - KUNA

The European Commission Wednesday proposed new rules to overhaul the European banking system and prevent a repeat of the banking crisis of 2008. "This legislation deals with the small number of very large banks which otherwise might still be too-big-to-fail, too-costly-to save, too-complex-to-resolve," Michel Barnier, EU Commissioner for internal market and services, told a press conference presenting the proposals. "The proposed measures will further strengthen financial stability and ensure taxpayers don't end up paying for the mistakes of banks," he added. The new rules would also stop the biggest and most complex banks from engaging in the risky activity of "proprietary trading", trading with their own money for their own profit and not for their clients. The EU has also proposed accompanying measures aimed at increasing the transparency of certain transactions in the shadow banking sector.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu unveils new plans on banking reform Arab Today, arab today eu unveils new plans on banking reform

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu unveils new plans on banking reform Arab Today, arab today eu unveils new plans on banking reform

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday