Financial Markets in Europe: towards a Single Regulator?

    By

    Despite the high hopes for EU-wide financial stability invested in the European Economic and Monetary Union, it is becoming more and more evident that the limited supervisory role of the European Central Bank has added to an already overcomplicated situation. Although European regulatory competences are now increasingly formalized through detailed rule making, they remain broad and widely discretionary. It is still the many different national authorities that are regulating or supervising banks and other financial institutions. The root issue what is the relationship between an effective European supervisor and the supervisory functions that remain at the Member State level has not yet been adequately addressed. Among the core issues of relevance analyzed in the book are the following: the increase in systemic risk that accompanies the introduction of the Euro; the inability of mere cooperation between national authorities to handle crises; the European Central Bank as an organizational model for the development of a single European regulator; the persistence of a traditional national character in surrounding areas of law such as contract law and company law; the heretofore intractable problem of the double burden of having to follow more than one set of national rules; and the apparent inertia of major business players, in spite of the obvious benefits for them of EU level regulation. Financial Markets in Europe offers a large and welcome measure of clear thinking to the entire professional community regulators, bankers, scholars, insurance professionals, securities managers engaged in the complex field of activity guided by monetary policy and supervision of financial markets. Becauseit raises broad issues and perspectives for a globalised world, it will be of value not only in Europe but to financial services specialists everywhere.

    View more

    Format(s): Hardback - ISBN: 9789041121592
    Publication Date:
    Listed in: International law
    Publisher: Kluwer Law International

    Books by Ardenas

    Hardback

    RRP: £183.00

    Total: £183.00

    Save: £0.00 per copy!

    Currently out of stock

    Side-Banner-Right-188px-fd.jpg
    Books TV & Movies

    You might also like...

    Latest from the blog

    Fantastic new recipe book from Sabrina Ghayour 'Sirocco'

    Sabrina Ghayour's long awaited second recipe book Sirocco is out this month and is a great follow up to Persianna. Read article

    Ten Great Bedtime Reads from The Great British Bookshop and Aspace

    We have teamed up with Aspace (www.aspace.co.uk) who create beautiful room for Children to bring you 10 great bedtime reads for your little ones. Read article

    Latest from Twitter

    • @TheGBBookshop - 2 years ago

      Lottery funding for dementia reading project £2m pledged for Reading Agency scheme to pair readers with dementia sufferers

      @TheGBBookshop - 2 years ago

      Harry Potter and the Cursed Child has held on to the number one spot for a sixth week #HarryPotter #CursedChild @littlebrown @pottermore

    • @TheGBBookshop - 2 years ago

      @thebookseller @MartinaCole @Jeffrey_Archer @Foyles

      @TheGBBookshop - 2 years ago

      Frith wins inaugural Klaus Flugge Prize for illustration t.co/U9P08h4XMG

    • @TheGBBookshop - 2 years ago

      RT @Gue_de_Bost: #Dordogneholidaycottage available Sept tweet to book for more info

      @TheGBBookshop - 2 years ago

      The editor is just back from france @HomeAwayUK! t.co/IWutTER1x7