On the third anniversary of the passage of the Dodd-Frank Act, banking reform remains a work in progress across the world. In the US key provisions of the law, including the Volcker rule to limit proprietary trading, have still to be implemented and the authorities only recently published new rules on capital standards. In the EU, last month’s agreement by finance ministers on rules to govern what happens in the case of bank failures was an important step but many questions remain. And on both sides of the Atlantic, much more needs to be done on a fundamental issue – the structure of banking entities.
在《多德-弗兰克法案》(Dodd-Frank Act)通过三周年之际，manbetx app苹果 各地的银行业改革仍未大功告成。在美国，限制银行自营交易的沃尔克规则(Volcker rule)等重要条款尚未付诸实施，而当局只是最近才公布了资本标准新规。欧盟(EU)各国财长上月敲定规范银行破产的规则，这是重要的一步，但诸多问题仍然存在。不论是欧洲还是美国，都需要在一个基本问题上付出更大努力——银行机构的结构。