The recent market turmoil following the crisis of sub-prime mortgages in the US has provided rich evidence of serious deficiencies in the world financial system. This paper provides some elements for reflection on how to address them. The issues analysed in the paper are classified around four...

"With Covid-19 and other recent crises proving the need to review the state-of-play and implement robust institutional frameworks in the complex, heterogenous and decentralised European supervisory architecture, this insightful book outlines what can be done to innovate the current set-up in the...