SEARCH

SEARCH BY CITATION

Keywords:

  • Vickers Commission;
  • deposit insurance;
  • bank regulation;
  • financial crisis

Since the financial crisis there have been some positive moves with regard to bank regulation – especially in relation to ensuring that bank bondholders can lose their capital in the event of a bank failure. However, the increased guarantees to depositors are a retrograde step. The government should remove guarantees of depositors’ capital and, instead, provide some guarantee of their liquidity.