Gualandri Elisabetta (Università di Modena e Reggio Emilia)
Abstract
The financial crisis showed all the weakness of laws currently established and national supervisory fragmented frameworks not still applicable with the global dimension of financial markets and the cross border / sector activities of financial groups that can allow regulatory arbitrage. Is there any starting point for the change? Nowadays international supervisory institutions exist but there is a lack of representativeness and legitimating that can reduce the effectiveness of actions proposed
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Publisher Info
Article provided by Bancaria Editrice in its journal BANCARIA.