The European Commission’s approach to the supervision and restructuring of the EU banking system has numerous shortcomings. As an alternative, this article proposes a European Resolution Authority and a European Restructuring Fund for systemically important banks and the implementation of a...

This paper discusses the main findings of the Detailed Assessment of Observance of the Committee on Payment and Settlement Systems-International Organization of Securities Principles for Financial Market Infrastructures (FMIs) for the European Union. Euroclear Bank's risk framework is generally...