Details
- Identification
- COM/2014/043 final
- Publication date
- 29 January 2014 (Last updated on: 3 July 2018)
Description
On 29 January 2014, the European Commission proposed a regulation to stop the largest and most complex banks from engaging in proprietary trading, which means trading using the bank's own money as opposed to on behalf of customers. Under the new rules, supervisors could also require banks to separate certain risky trading activities from their deposit-taking business if these activities compromise financial stability.
Impact assessment:
In July 2018, the Commission decided to withdraw the proposal as its purpose had in the meantime to a large extent been achieved by other measures.
Files
Citizens' summary: Proposal for a structural reform of the EU banking sector