A European Mandate for Financial Sector Supervisors in the EU

Author (Corporate)
Series Title
Series Details No.5, 2009 (January 2009)
Publication Date 2009
Content Type

The EU is deliberating the introduction of an explicit "European mandate" for financial sector supervisors to supplement national mandates. Suggestions are made on (i) the formulation of a European mandate; (ii) the policy areas to which it should apply; (iii) which institutions should be given a European mandate; (iv) the legal basis for the mandate; (v) how to implement the mandate in practice; and (vi) how to achieve accountability for fulfilling a European mandate. Decisions on these issues are needed if the introduction of a European mandate is to have a substantive positive effect.

Source Link Link to Main Source http://www.imf.org/external/pubs/cat/longres.cfm?sk=22566.0
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