The stand is strongly supported by the banking industry, and by many members of Congress, who argue that the efficiency of a single rulebook is fair and results in lower prices for customers.
The best defence against politicking is to continue to merge international and American accounting into a single rulebook governed by an independent body.
Additionally, "actions toward a single resolution authority with common backstops, a deposit guarantee scheme, and a single rulebook, will also be essential," by mid-2013 athehe latest, the report found.
Cosa Nostra has a single rulebook and a single structure, building up in a pyramid from the soldiers at the base to the boss of bosses at the apex.
In parallel, the European Banking Authority will continue to perform its existing tasks, namely developing the single rulebook for the entire single market and ensuring convergent supervisory practice throughout the EU.
EU Internal Market Commissioner Michel Barnier said the new "single rulebook" for banks in the EU would stop "regulatory arbitrage" - the practice of shifting business to countries where the lending rules are more relaxed.
"We support a single European rulebook … But we supervise locally … Of course that rulebook is created by one country one vote, so if you move to an environment where the majority of the countries were inside the eurozone and so have a different agenda in respect to the rulebook, that would seem to become an unworkable model," he said.
Cameron's blocking tactics frustrated the German chancellor Angela Merkel's plans to secure a new punitive rulebook for the single currency by anchoring it in the Lisbon treaty.
"Looking for a single for tonight".
I know I am supposed to have rights as a citizen, but I think they have a different rulebook for people like me, for Muslim Americans".
