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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 … the countries are perfectly aligned, Þrst best closure regulation cannot be implemented; (2) the more aligned the …
Persistent link: https://www.econbiz.de/10009636539
Some regulation is needed to enhance growth and economic welfare, but too much undermines productivity. Generally, the …
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The European Securities and Markets Authority (ESMA) is required by Article 39a of Regulation (EU) No 462/2013 of the … European Parliament and the Council of 21 May 2013, amending Regulation (EC) No 1060/2009 on credit rating agencies (CRA … Regulation), to assess the staffing and resources needs arising from the assumption of its powers and duties under the CRA …
Persistent link: https://www.econbiz.de/10010392288