Hopefully no bailouts will be given if the banks get into trouble.
ElendX on
Any deregulation should come with relevant liability risks. But if I’m being cynical, fat chance it will happen.
Neuroprancers on
Out with the garden, in with the crops.
AloneInExile on
Is this about DORA?
eliminating_coasts on
“We are concerned about future geopolitical risks, so we ask that Banks not be required to account for future risks properly”
aphosphor on
YES, we really need a 2008 type financial crisis on top of the energy crisis!!!
Dominuss476 on
Ask iceland what that does.
Reactance15 on
Reagan-Thatcherite deregulation never hurt nobody. /s
8r3a71 on
All the heavy regulations and restrictions are killing the business. Pouring money into corrupt institutions only makes the corruption in EU deeper. Really free market = a prosperous economy. The heavy EU burocracy stops all the innovation development. Is it really that strange that EU is in the current situation? Even the children know that to be competitive you have to be free so you can concentrate entirely over your work and not thinking about problems that doesn’t even exist.
Lorry_Al on
This ended well last time……….
fidebeque on
Here we go again…😒😒😒
FingalForever on
Jaysus no no no. The financial industry needs even tighter control (I work in such), in particular a forced break out similar to the Glass-Steagall Act in US legislation.
IsolatedFrequency101 on
Sure, because that worked so well the last time.
pc0999 on
Hell no!
tordenoglynild666 on
They are lost in the sauce
Electricbell20 on
When you can’t compete deregulation is all that you can really do. Even Without Trump, EU centres are low down in the Top 20. Sydney which isn’t exactly on people’s lips when it comes to financial centres is above most of them with only Paris above.
rab2bar on
what could go wrong? it isn’t like deutsche bank is in the business of laundering money
leStrider on
It’s already fucking underregulated, what more do they want?
A_delta on
I see the bribes came in early this year
Stabile_Feldmaus on
>the countries believe the EU should change tack on its rollout of global bank capital standards, after delays of the same rules in the U.S. due to heavy lobbying from the banking industry.
So it’s not about deregulation but modifying new rules.
Divinate_ME on
Great. If the free market is the solution, please let the government of the biggest country among those sell the rest of their Commerzbank shares, just to prove the point they’re trying to make here.
21 Comments
Hopefully no bailouts will be given if the banks get into trouble.
Any deregulation should come with relevant liability risks. But if I’m being cynical, fat chance it will happen.
Out with the garden, in with the crops.
Is this about DORA?
“We are concerned about future geopolitical risks, so we ask that Banks not be required to account for future risks properly”
YES, we really need a 2008 type financial crisis on top of the energy crisis!!!
Ask iceland what that does.
Reagan-Thatcherite deregulation never hurt nobody. /s
All the heavy regulations and restrictions are killing the business. Pouring money into corrupt institutions only makes the corruption in EU deeper. Really free market = a prosperous economy. The heavy EU burocracy stops all the innovation development. Is it really that strange that EU is in the current situation? Even the children know that to be competitive you have to be free so you can concentrate entirely over your work and not thinking about problems that doesn’t even exist.
This ended well last time……….
Here we go again…😒😒😒
Jaysus no no no. The financial industry needs even tighter control (I work in such), in particular a forced break out similar to the Glass-Steagall Act in US legislation.
Sure, because that worked so well the last time.
Hell no!
They are lost in the sauce
When you can’t compete deregulation is all that you can really do. Even Without Trump, EU centres are low down in the Top 20. Sydney which isn’t exactly on people’s lips when it comes to financial centres is above most of them with only Paris above.
what could go wrong? it isn’t like deutsche bank is in the business of laundering money
It’s already fucking underregulated, what more do they want?
I see the bribes came in early this year
>the countries believe the EU should change tack on its rollout of global bank capital standards, after delays of the same rules in the U.S. due to heavy lobbying from the banking industry.
So it’s not about deregulation but modifying new rules.
Great. If the free market is the solution, please let the government of the biggest country among those sell the rest of their Commerzbank shares, just to prove the point they’re trying to make here.