Bank levy progresses, but slowly
Haajanen, Jyrki (23.07.2010)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074826
The financial crisis has increased demands that the banking sector contribute more to the costs of crises. The EU Commission has proposed the establishment of national resolution funds that would be funded by a levy on banks and used for the resolution of future financial crises. Initiatives for a global bank tax are however progressing slowly, as G20 finance ministers were unable to agree on a common approach to a bank levy.