English, Article, Journal or magazine article edition: The Governance Structure for Financial Regulation and Supervision in Europe Rosa M. Lastra; Dr Rosa Lastra

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Bookmark: http://trove.nla.gov.au/version/45838
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Governance Structure for Financial Regulation and Supervision in Europe
Author
  • Rosa M. Lastra
  • Dr Rosa Lastra
Physical Description
  • preprint
Notes
  • This paper examines the unfinished agenda of the governance structure for financial regulation and supervision in Europe. In this unfinished agenda, there are two opposite forces at play: one that fosters greater centralisation and another one that promotes decentralisation with co-operation. I try to cast some light on this debate, by arguing that a single market with a single currency does need some common rules, but does not require a single supervisor. I also argue that the possible centralisation of one function (lender of last resort) does not imply nor require the centralisation of other supervisory functions.
  • RePEc:fmg:fmgsps:sp149
Language
  • English
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