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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...
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The European Banking Authority (EBA) is updating its ‘Guidelines on the data collection exercise for high earners’, which was originally published on 27 July 2012, following the changes to the reporting requirements set out in Directive 2013/36/EU. The changes are necessary to adopt the...
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Pursuant to Article 131(1) of Directive 2013/36/EU (‘the Directive’), competent or designated authorities in the Member States shall identify European banks that represent a higher risk to the global financial system as Global systemically important institutions (G-SIIs).Article 441 of...
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