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Suvanto, Antti; Virolainen, Kimmo - 2014

The project to build up a banking union in Europe was launched in summer 2012. Thereafter the progress has been fast. Single Supervisory Mechanism will embark on November 1, 2014. A decision on the Single Resolution Mechanism was made in Spring 2014. It should be up and running as of the...

Persistent link: https://www.econbiz.de/10012037646

Central counterparty clearing: constructing a framework for evaluation of risks and benefits

Ripatti, Kirsi - Suomen Pankki - 2004

A Central Counterparty (CCP) is an entity that interposes itself between transacting counterparties – a seller vis-à-vis the original buyer and a buyer vis-à-vis the original seller – to guarantee execution of the transaction. Thus, the original transacting parties substitute their...

Persistent link: https://www.econbiz.de/10005419682

Kiina maailmantaloudessa: Globaalitalouden kasvu ja teollisen työnjaon muutos

Suni, Paavo - 2000

China is still a poor developing country. Since 1978, when the economy started to move in a more market …-oriented direction, China has grown to become an influential player in the global economy. China has actively aimed to take part in the … international division of labour. For example, in 2002 it became a member of the World Trade Organization (WTO). China's foreign …

Persistent link: https://www.econbiz.de/10010326880