In January 2007, the European Commission presented the Action Programme for reducing administrative burden on businesses at EU level by 25% by 2012. The Action Programme was endorsed by the Spring European Council in March 2007. It addressed the Administrative Burdens of EU origin in 13 subject...

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...