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Don’t loosen bank rules for Green New Deal

  “European green finance is expanding, a discount on bank capital would discredit it” By Alexander Lehmann, courtesy of the Bruegel Institute   The Commission’s ‘European Green Deal’ sets out massive investment needs in a variety of areas, amounting to potentially 1.5 per cent of the EU’s annual GDP. If these targets are to be […]

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Current UK prudential regulation “bound to fail”

    Tired of talking about Brexit? Don’t worry, we can talk about the “rot at the heart of the banking system” instead! The Adam Smith Institute has a new white paper outlining the continuing vulnerabilities of the British financial system, which are due in large part to misguided and counterproductive financial regulations, and suggesting […]