Epstein Secrets

m c LS gave similar position on substance of Volcker as at Davos. Focus of concern is more on prop trading than size of banks or breaking them up. Dodd Bill requires the regulatory authorities to consider Volcker's proposals and bring forward options for delivering them. So more room for regulatory disc

Finance Ministers meeting in Canada there was a move away from a global insurance fund to a global levy. LS did not dispute. CX noted that because US Govt taxes American banks on worldwide basis there was a real risk of double taxation of UK banks e.g. Barclays. This an issue of design of a EFTA_R1_00

m o LS gave similar position on substance of Volcker as at Davos. Focus of concern is more on prop trading than size of banks or breaking them up. Dodd Bill requires the regulatory authorities to consider Volcker's proposals and bring forward options for delivering them. So more room for regulatory disc

Finance Ministers meeting in Canada there was a move away from a global insurance fund to a global levy. LS did not dispute. CX noted that because US Govt taxes American banks on worldwide basis there was a real risk of double taxation of UK banks e.g. Barclays. This an issue of design of a global lev

m o LS gave similar position on substance of Volcker as at Davos. Focus of concern is more on prop trading than size of banks or breaking them up. Dodd Bill requires the regulatory authorities to consider Volcker's proposals and bring forward options for delivering them. So more room for regulatory disc

Finance Ministers meeting in Canada there was a move away from a global insurance fund to a global levy. LS did not dispute. CX noted that because US Govt taxes American banks on worldwide basis there was a real risk of double taxation of UK banks e.g. Barclays. This an issue of design of a global lev