Título: Regulatory response to the financial crisis in Europe: Recent developments (2010-2013)
Fuente: Journal of Financial Economic Policy
Resumen: The purpose of this paper by the European Shadow Financial Regulatory Committee (ESFRC) is to provide an account of the financial crisis in Europe during the period 2010-2013 and an analysis of how the relevant authorities reacted to the crisis.
These actions included measures taken by central banks, governments or fiscal authorities, and by regulatory or supervisory bodies. In a previous study covering the regulatory developments during the financial crisis up until 2009, issues such as the implementation of Basel III rules in Europe and the (mostly ad hoc and unilateral) resolution mechanisms set in most European countries to fight the crisis were covered. This study focuses on developments since 2010 with a focus on the concerns and actions that emerged with the sovereign debt crisis in the euro area. In particular, the transition from the European Financial Stability Facility to the European Stability Mechanism is assessed. The focus after 2012 has progressively turned to the challenges of the European banking union.
Cómo citar este artículo:
Carbó, S., H.A. Benink, T. Berglund y C. Wihlborg (2015): "Regulatory response to the financial crisis in Europe: Recent developments (2010–2013)", Journal of Financial Economic Policy, 7(1), pp. 29-50.