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This paper analyses the link between finance and growth by studying the effect that the process of financial deregulation and harmonisation of banking laws at the EU level has brought about on growth over the last 40 years. Our main findings point to the existence of a positive long-run growth...
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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 …
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