US counsel fear EU light touch advantage

• Autores: Edward Price
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 26 (7/4/2016), 2016
• Idioma: inglés
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• Resumen

  • The article discusses U.S. banks' concern about a potential competitive advantage arising from the European Commission's (EC) renewed support for its universal banks. Topics covered include indications that the Capital Markets Union will have limitations, the EU financial system's dependence on its bank sector, and controversy over capital requirements. Also mentioned are the optimal balance of regulation and mandated capital requirements under the U.S. Dodd-Frank Act.