Author (Person) | Di Noia, Carmine |
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Publisher | Centre for Economic Policy Research |
Series Title | CEPR VoxEU |
Publication Date | 20/10/2008 |
Content Type | Blog & Commentary |
Summary:The current crisis has exposed the poor organisation of financial supervisory responsibilities, as central banks, EU ministers, and treasury authorities fought to respond appropriately. This feature argues for the reorganisation of the European financial regulatory apparatus using a “four peaks” approach that horizontally divides responsibilities according to objectives. |
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Source Link | Link to Main Source https://cepr.org/voxeu/columns/proposal-financial-regulation-europe-next-european-council |
Subject Categories | Economic and Financial Affairs |
Subject Tags | Economic Governance | Situation |
Keywords | Banks | Banking, Financial Crisis [2007-2008] |
International Organisations | European Union [EU] |