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dc.contributor.authorOppolzer, Konstantin
dc.date.accessioned2021-07-08T11:28:30Z
dc.date.available2021-07-08T11:28:30Z
dc.date.issued2019
dc.identifierONIX_20210708_9783748903451_93
dc.identifier.urihttps://library.oapen.org/handle/20.500.12657/49891
dc.description.abstractThis dissertation explores structural reforms for banks that stipulate the separation of deposit-taking and other services considered vital to the real economy from certain investment banking activities deemed particularly risky with the aim of, inter alia, mitigating systemic risk and the too-big-to-fail problem. These structural reforms can collectively be referred to as “ring-fencing”. The focus of the dissertation is on the legal developments on a European Union level and in the United Kingdom, Germany and Switzerland, which are home to Europe’s most important financial centres. The dissertation is divided into three parts: In its first part, it establishes a concept and a definition of ring-fencing that allow to distinguish it from related bank structural reforms. In its second part, it assesses legislative steps already taken in the European Union and the withdrawal of the file by the European Commission and discusses potential alternatives for installing a union-wide ring-fence. In its third part, a legal comparative analysis is conducted, discussing conceptual differences in national bank structural reform legislation in the United Kingdom, Germany and Switzerland and exploring whether the countries adopted legislation that matches the concept and definition of ring-fencing established in the first part. Altogether, the dissertation contributes to the terminology and classification of existing and future ring-fencing initiatives and paints a comprehensive picture of current developments and prospects on EU level. It furthermore highlights structural differences of national approaches of Europe's three most important financial centres, and casts light on Switzerland’s unique yet barely recognized ring-fencing efforts.
dc.languageEnglish
dc.relation.ispartofseriesStudien zum Bank-, Börsen- und Kapitalmarktrecht
dc.subject.classificationbic Book Industry Communication::L Law
dc.subject.otherbank separation
dc.subject.otherring-fencing
dc.subject.otherstructural reform
dc.subject.otherretail banking
dc.subject.otherinvestment banking
dc.subject.otherLiikanen Report
dc.subject.otherVolcker rule
dc.subject.otherGlass-Steagall
dc.subject.otherVickers Report
dc.subject.otherbanking reform
dc.titleRing-Fencing in Europe
dc.title.alternativeThe EU’s Bank Structural Reform and a Legal Comparative Look at National Legislation in Europe’s Three Financial Capitals
dc.typebook
oapen.identifier.doi10.5771/9783748903451.
oapen.relation.isPublishedBya828cf6c-76dd-4fdb-b400-ec5fba9459b8
oapen.relation.isFundedBy07f61e34-5b96-49f0-9860-c87dd8228f26
oapen.relation.isbn9783748903451
oapen.collectionSwiss National Science Foundation (SNF)
oapen.series.number75
oapen.place.publicationBaden-Baden
oapen.grant.number10BP12_189510
oapen.grant.programOpen Access Books
oapen.grant.projectRing-Fencing in Europe - The EU's Rocky Path Towards Bank Structural Reform and a Legal Comparative Look at National Legislation Concerning Structural Reform in Europe's Three Financial Capitals


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