This paper describe how Capital Flows will influence the EU Accession Countries of Central and Eastern Europe. In particular it shows how carry trade flows are likely to exacerbate the difficulty of stabilization policy, how equilibria are critically contingent on risk premia, and, therefore,...

After Brexit, the UK will become a third country. In the absence of a transitional agreement, its access to the EU markets will be conditioned on meeting the condition of “equivalence of regulation and supervision” as laid down in many EU regulations. Although in substance the UK regulations...

This article reviews the impact of Brexit on the European System of Financial Supervision (ESFS) and claims that the withdrawal of the United Kingdom will lead to more centralisation of supervision at EU level and a tightening of the supervision over third countries' markets actors. This...

Bank supervisors should provide publicly accessible, timely and consistent data on the banks under their jurisdiction. Such transparency increases democratic accountability and leads to greater market efficiency. There is greater supervisory transparency in the United States compared to the...