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Will they sing the same tune? : Measuring convergence in the new European system of financial supervisors /
In June 2009 a new financial supervisory framework for the European Union (EU) was endorsed, consisting of a macro- and a micro-prudential pillar. The latter is composed of a Steering Committee, a supranational layer and a network of national supervisory authorities at the bottom, de facto establish...
| Call Number: | Libro Electrónico |
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| Main Authors: | , , |
| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | Inglés |
| Published: |
Washington, D.C. :
International Monetary Fund,
2009.
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| Series: | IMF working paper ;
WP/09/142. |
| Subjects: | |
| Online Access: | Texto completo |
| Summary: | In June 2009 a new financial supervisory framework for the European Union (EU) was endorsed, consisting of a macro- and a micro-prudential pillar. The latter is composed of a Steering Committee, a supranational layer and a network of national supervisory authorities at the bottom, de facto establishing a complex multiple principals-multiple agents network. This paper focuses on the network of national agencies. Starting from an analysis of supervisory architectures and governance arrangements, we assess to what extent lack of convergence could undermine efficient and effective supervision. The. |
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| Physical Description: | 1 online resource (42 pages) : charts |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 1462308341 9781462308347 1452720800 9781452720807 1282843567 9781282843561 9786612843563 661284356X 1451872895 9781451872897 |