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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...
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Counterparty Clearing has become increasingly popular in Europe, not just in derivatives markets, where, due to the high risk …’s securities market infrastructure – clearing and settlement. Because of the importance of its role, a CCP must have sound risk … management. The CCP assumes responsibility in the aggregate and reallocates risk among participants. Moreover, if the CCP fails …
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In order to shed light on the consequences of the ongoing financial crisis, ETLA conducted two surveys at the end of October 2008. The firm survey targeted firms employing at least 10 persons in Finland (2,017 observations with a response rate of 33%) and the consumer survey targeted...
Persistent link: https://www.econbiz.de/10010273038
Keskuspankit ovat perinteisesti laskeneet liikkeeseen seteleitä yleisön käytettäviksi. Digitalisaation myötä setelit alkavat olla teknisesti vanhentunut maksuväline, ja jotkut keskuspankit ovat harkinneet vähittäismaksamiseen soveltuvaa elektronista keskuspankkirahaa. Elektroninen...
Persistent link: https://www.econbiz.de/10012148920
In order to shed light on the consequences of the ongoing financial crisis, ETLA conducted two surveys at the end of October 2008. The firm survey targeted firms employing at least 10 persons in Finland (2,017 observations with a response rate of 33%) and the consumer survey targeted...
Persistent link: https://www.econbiz.de/10003769932
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