The EU financial services industry has experienced an enormous regulatory adaptation over the past decade. The dust … new Basel norms on capital adequacy for banks have to be implemented by the end of 2006, and the MiFID directive … regulating capital market activity will be applicable from late 2007 onwards. With almost ever year over the last 10 years having …

spillover, whereby the integration of capital markets in the EU requires common financial reporting standards. The answer to the ….e. international) environment that shapes member states’ domestic politics. The globalization of capital markets as a result of the … international mobility of capital structures member state governments’ preferences vis-à-vis making IASB standards applicable …

The key concept underlying the Basel II framework for risk measurement and corresponding equity capital standards is … segmentation approach’ with regard to the credit default event and measure the implications for regulatory capital requirements. As … significant savings in terms of ensuring a lower regulatory capital requirement. This provides banks with the opportunity to …

capital movements within the European Union (EU) in 1990, and the establishment of the single market for financial services … provision of financial services. Its implementation started in 1993 with the application of the second banking directive.1 In …