Reshaping Regulation and Supervision in Europe after the Turmoil: A View from the Financial Industry

Abstract:     
The financial crisis has revealed the vulnerabilities of the international financial system. In particular, a broad consensus has emerged around the view that an inadequate regulatory framework and a fragmented supervisory architecture has not only been at the root of the problem but in many cases has also hampered the efforts aimed at managing the crisis.

Number of Pages in PDF File: 16

working papers series