This paper analyzes the process of disintermediation, the progress in consolidation, the
impact of new technologies, and the role of ownership and control structures for the euro …

The regulation and supervision of financial services in the European Union (EU) has
undergone major reform between 1999 and 2004. This policy evolution is theoretically …

This book fills a gap in academic literature on the politics and public policy aspects of central
banking in Europe, by conducting a theoretically-informed and empirically-grounded …

Annotation. Almost a year after the European Central Bank (ECB) officially" opened for
business," this second major report in the Monitoring European Central Bank series …

Drawing on numerous interviews with high-ranking and founding members of the European
Central Bank (ECB), Karl Kaltenthaler identifies and explains the factors that shape the …

The objective of the present work is to sketch a proposal for the re-organisation of regulatory
arrangements and supervisory agencies in the European financial markets. This proposal is …

Banking Regulation and World Trade Law concerns the legal aspects of the interaction
between banking regulation and international trade in financial services. The author studies …

This paper examines the vulnerability of banks in EMU countries to shocks to default risk
premiums on public debt. This vulnerability depends on the total amount of public debt in …

Whilst dealing with financial regulation, it is absolutely necessary to draw some lines. The
key is to determine what exactly is the financial activity exactly we want to regulate, how and …

The dramatic evolution of financial markets in the 1980s and 1990s, accompanied by
increasing institutional integration between nations (most notably in the EU), have fostered a …