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This ECMI Policy Brief attempts to contribute to the ongoing policy debate on MiFID art. 65.1, which tasks the Commission with conducting a study to report on whether the trade transparency requirements that currently apply to share trading ought to be extended to non-equity markets. It presents...
Persistent link: https://www.econbiz.de/10009463961
As the European Commission is currently in the process of preparing its White Paper on the enhancement of the EU framework for investment funds (scheduled for November 2006), now is a good time to reflect on whether the UCITS framework needs a radical overhaul if the regulatory landscape is...
Persistent link: https://www.econbiz.de/10009463962
After the adoption of the EU pension funds directive, the regulatory framework for asset management in the EU is complete. The single licence and home country control will now be applicable across the board for the different lines of asset management business. However, considering that asset...
Persistent link: https://www.econbiz.de/10009463964
The report provides evidence of low protection of companies against the risks of the lack of payment from their buyers and the impact of bad debts in their financial situation, which is especially harmful for SMEs. While most of commercial trade is carried out on the basis of credit, the...
Persistent link: https://www.econbiz.de/10009463965
The financial crisis has damaged consumer confidence in the financial services market. Trillions of euro in losses and government bail-outs have partially been borne by taxpayers, small investors and retail customers in several member states. Against this background, this new book by CEPS Senior...
Persistent link: https://www.econbiz.de/10009463980
group between workers with a disability and workers without a disability. On five measures of productivity, no significant … differences were discernible but on a sixth measure, length of employment, it was found that disability workers remained in … employment significantly longer. These results strongly refute the ‘intuitive wisdom’ that workers with a disability are less …
Persistent link: https://www.econbiz.de/10009483816
include children moving between different neighborhoods, workers moving between firms, patients migrating from one city to …
Persistent link: https://www.econbiz.de/10014573592
Persistent link: https://www.econbiz.de/10009641141
With regard to the IT/ITES industry, globalisationand the rapid improvements in communications technologies, the decoupling of hardware from software opened a window of opportunity for countries rich in human capital such as India to becomeinvolved in the IT value chain. To this end, the Indian...
Persistent link: https://www.econbiz.de/10012169099
The process of matching between firms and workers is an important mechanism in determining the distribution of wages …. In a labor market characterised by large dispersion of workers' productivity and worker-firm complementarity, high … quality firms have strong incentives to screen for the quality of workers. This process will increase the positive quality …
Persistent link: https://www.econbiz.de/10012207939