The Financial Crisis and the Future of European Financial Supervision Structures
The recent financial crisis has intensified the debate on optimal financial supervision architecture. A broad consensus has emerged around the view that an inadequate regulatory framework and a fragmented supervisory architecture, both nationally and internationally, has not only been at the root of the problem, but has also hampered the efforts aimed at managing the crisis. In Europe, the de Larosière Report provided the direction for reform. The achievement of the main objective to develop a framework for macro-prudential oversight in Europe requires a well-thought set of operations and initiatives as well as improvements in the understanding of the modern financial systems that will produce high quality macro-prudential assessments, leading to the issuance of risk warnings and recommendations whenever potential risk may pose a threat to financial stability.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 29 (2010)
Issue (Month): ()
|Contact details of provider:|| Postal: 77 Water Street, 10th Floor, New York NY 10005|
Phone: +1 212 284 8600
Web page: http://www.capco.com/
When requesting a correction, please mention this item's handle: RePEc:ris:jofitr:1431. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Shahin Shojai)
If references are entirely missing, you can add them using this form.