Author (Person) | Lannoo, Karel |
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Publisher | Centre for European Policy Studies [CEPS] |
Series Title | CEPS Commentary |
Series Details | 16 January,2007 |
Publication Date | 16/01/2007 |
Content Type | Journal | Series | Blog |
From Source URL click on 'Download the document (PDF) for FREE'. This regulatory commentary argues that as the EU is bringing more competition in securities markets with the implementation of the MiFID directive, and the adoption by the settlement industry of a code of conduct, the ECB is going in the other direction with the creation of a monopoly for securities settlement in the EU. Karel Lannoo sketches four reasons why the TARGET 2 initiative shouldn’t be pursued. |
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Source Link | Link to Main Source http://www.ceps.eu/ |
Subject Categories | Business and Industry, Politics and International Relations |
Countries / Regions | Europe |