Cover image for European Mandate for Financial Sector Supervisors in the EU.
European Mandate for Financial Sector Supervisors in the EU.
Title:
European Mandate for Financial Sector Supervisors in the EU.
Author:
Fund, International Monetary.
ISBN:
9781451915884
Physical Description:
1 online resource (32 pages)
Series:
IMF Working Papers
Contents:
Contents -- I. Introduction -- II. A System of National Supervisors -- III. Formulation and Implementation of a European Mandate -- IV. Conclusions -- References -- Table -- 1. EU Area: Supervisory Structures -- Figures -- 1. EU Area: National Supervisory Models -- 2. EU Area: Main Additional Tasks of National Supervisory Authorities -- Box -- 1. Mutual Responsibilities of Supervisors in Australia and New Zealand -- Appendix -- I. Recent EU Initiatives on a European Mandate for Supervisors.
Abstract:
The EU is deliberating the introduction of an explicit "European mandate" for financial sector supervisors to supplement national mandates. Suggestions are made on (i) the formulation of a European mandate; (ii) the policy areas to which it should apply; (iii) which institutions should be given a European mandate; (iv) the legal basis for the mandate; (v) how to implement the mandate in practice; and (vi) how to achieve accountability for fulfilling a European mandate. Decisions on these issues are needed if the introduction of a European mandate is to have a substantive positive effect.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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