000 02485 a2200385 4500
001 1317428846
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008 250312042015GB 16 eng
020 _a9781317428848
037 _bTaylor & Francis
_cGBP 45.99
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040 _a01
041 _aeng
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072 7 _a332.1094
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100 1 _aRainer Kattel
245 1 0 _aFinancial Regulation in the European Union
250 _a1
260 _aOxford
_bRoutledge
_c20151008
300 _a342 p
520 _bThis collection offers a comparative overview of how financial regulations have evolved in various European countries since the introduction of the single European market in 1986. It includes a number of country studies which provides a narrative of the domestic financial regulatory structure at the beginning of the period, as well the means by which the EU Directives have been introduced into domestic legislation and the impact on the financial structure of the economy. In particular, studies highlight how the discretion allowed by the Directives has been used to meet the then existing domestic conditions and financial structure as well as how they have modified that structure. Countries covered are France, Germany, Italy, Spain, Estonia, Hungary and Slovenia. The book also contains an overview of regulatory changes in the UK and Nordic countries, and in post-crisis USA. This comparative approach raises questions about whether past and more recent regulatory changes have in fact contributed to increase financial stability in the EU. The comparative analysis provided in this book raises questions on whether the past and more recent changes are contributing to increase the financial stability and efficiency of individual banks and national financial systems. The crisis has demonstrated the drawbacks of formulating the regulatory framework on standards borrowed from the best industry practices from the large developed countries, originally designed exclusively for large global banks, but now applied to all financial institutions.
700 1 _aJan Kregel
_4B01
700 1 _aMario Tonveronachi
_4B01
999 _c4867
_d4867