Cargando…

The great financial plumbing : from Northern Rock to Banking Union /

Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Lannoo, Karel (Editor ), Hübner, Danuta (Contribuidor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Rowman & Littlefield International, Ltd., [2015]
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • List of Figures, Tables and Boxes
  • List of Abbreviations
  • Foreword
  • Preface
  • 1. The Policy Reaction to the Crisis: A moving target
  • 1.1. The book at a glance
  • References
  • 2. Credit Rating Agencies: The early targets
  • 2.1. The credit rating industry today
  • 2.2.A captive market for CRAs in the EU
  • 2.3. Credit ratings and the crisis
  • 2.4. The EU rating agencies regulation and its successive amendments
  • 2.4.1. Transparency
  • 2.4.2. Conflicts of interest
  • 2.4.3.Competition
  • 2.4.4. Overreliance
  • captive market
  • 2.4.5. Third-country equivalence
  • 2.5. The regulatory debate
  • 2.6. Assessment and conclusions
  • References
  • 3. Game Change in Asset Management
  • 3.1. The asset management industry
  • 3.2. The UCITS regime
  • 3.3.A new EU regime for 'alternative' funds
  • 3.4. Money market funds
  • 3.5. The interaction with MiFID
  • 3.6.
  • Impact of the changing supervisory set-up
  • 3.7. Towards a horizontal asset management regime
  • 3.8Conclusions
  • References and selected bibliography
  • 4. Solidifying Derivatives Markets and Financial Infrastructure
  • 4.1. The anatomy of EMIR
  • 4.2. Authorisation and operational requirements for a CCP
  • 4.3. Trade repositories
  • 4.4. The CSD Regulation and T2S
  • 4.5. The EMIR revolution?
  • 4.6. Conclusions
  • References
  • 5. New Capital Requirements: Basel III implementation in EU law
  • 5.1. Structure of CRR and CRD IV
  • 5.2. Capital
  • 5.3. Liquidity
  • 5.4. Reporting
  • 5.5. Conclusions
  • References
  • 6. The ECB as Bank Supervisor under the Single Supervisory Mechanism
  • 6.1The basis: The SSM Regulation
  • 6.2. The SSM operational structure
  • 6.3.Common definitions for supervisory reporting and data processing
  • 6.4. Supervisory tasks of the ECB and NCAs
  • 6.5.
  • Division of labour between the ECB and the EBA
  • 6.6. Division of labour between the ECB and ESRB
  • 6.7. Conclusion
  • References
  • 7. Recovery and Resolution, the Single Resolution Mechanism and Deposit Guarantee Schemes
  • 7.1. Resolution: BRRD, SRM and state aid
  • 7.2. The BRRD's ambit
  • 7.3.A Single Resolution Mechanism for the SSM
  • 7.4. Interaction with the state aid framework
  • 7.5. More harmony in deposit guarantee schemes
  • 7.6. Conclusions
  • References
  • 8. The EU's Bank State Aid Policy during the Crisis
  • 8.1. The EU's state aid policy: Rationale and perspective
  • 8.2 Financial sector support during the financial and sovereign crisis
  • 8.3. Central banks' interaction with the financial system in times of crisis
  • 8.4. Types of direct bank state aid
  • 8.5 .EU state aid policy during the financial and sovereign crisis
  • 8.6. State aid cases during the financial crisis
  • 8.7.
  • State aid cases during the sovereign crisis
  • 8.8Conclusions
  • References
  • 9. Conclusions: Safe to bank?
  • Annex. Overview of banking and finance legislation
  • Index.