EU Banking Reform

In February 2012, the EC established a High-level Expert Group to examine possible reforms to the structure of the EU’s banking sector (chaired by Erkki Liikanen – Governor of the Bank of Finland and a former member of the European Commission).
The Group’s mandate was to determine whether, in addition to ongoing regulatory reforms, structural reforms of EU banks would strengthen financial stability and improve efficiency and consumer protection, and, if so, to make proposals as appropriate.
The Group started its work in February 2012 and presented its final report to the Commission on 2 October 2012.
January 2014 follow-up