Brussels, 28/01/2015 (Agence Europe) - The Latvian Presidency of the Council of the EU has suggested a risk-based concept, which would allow the supervisors sufficient latitude to identify the banking institutions which would be obliged to separate their retail activities from their investment activities.
“Virtually all member states” consider the metrics in the Commission's proposal for evaluating the investment banking activities to be “ill-suited for assessing trading risk and...