02177cas a2200289 a 4500 AALejournalIMF013543 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484340943 2617-6750 BD-DhAAL BD-DhAAL Vinals, Jose. Creating a Safer Financial System : Will the Volcker, Vickers, and Liikanen Structural Measures Help? / Jose Vinals, Ceyla Pazarbasioglu, Jay Surti, Aditya Narain. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (27 pages) Staff Discussion Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The U.S., the U.K., and more recently, the E.U., have proposed policy measures directly targeting complexity and business structures of banks. Unlike other, price-based reforms (e.g., Basel 3 and G-SIFI surcharges), these proposals have been developed unilaterally with material differences in scope, design and implementation schedules. This may exacerbate cross-border regulatory arbitrage and put a further burden on consolidated supervision and cross-border resolution. This paper provides an analysis of the potential implications of implementing different structural policy measures. It proposes a pragmatic and coordinated approach to development of these policies to reduce risk of regulatory arbitrage and minimize unintended consequences. In doing so, it also aims to identify a set of common policy measures that countries could adopt to re-scope bank business models and corporate structures. Mode of access: Internet United States imf Narain, Aditya. Pazarbasioglu, Ceyla. Surti, Jay. Staff Discussion Notes; Staff Discussion Notes ; No. 2013/004 Full text available on IMF http://elibrary.imf.org/view/journals/006/2013/004/006.2013.issue-004-en.xml IMF e-Library