Similar to the Volcker rule in the U.S., bank structural reforms in the U.K.and
E.U.have tried to limit risks emanating from bank's trading activities by advocating the "partial separation" approach.

Question

Quizplus · Accepted Answer

The statement is true. Both the U.K. and E.U. have introduced structural reforms advocating for partial separation of banks' trading activities to limit risks. This approach aims to separate high-risk trading activities from deposit-taking functions to protect taxpayers from potential losses. The Volcker rule in the U.S. also aims to achieve a similar goal by prohibiting banks from conducting certain proprietary trading activities.

Similar to the Volcker Rule in the U