A European mandate for financial sector supervisors in the EU /
prepared by Daniel C. Hardy.

Description

Main Author

Hardy, Daniel C. L.

Related Names

International Monetary Fund. Monetary and Capital Markets Dept.

Language(s)

English

Published

[Washington, D.C.] : International Monetary Fund, c2009.

Subjects

Institutions financières > Institutions financières / Contrôle de l'État > Institutions financières / Contrôle de l'État / Pays de l'Union européenne.
Financial institutions > Financial institutions / State supervision > Financial institutions / State supervision / European Union countries.

Summary

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.

Note

"January 2009."
At head of title: Monetary and Capital Markets Department.
Also available via the World Wide Web.

Physical Description

30 p. : ill. ; 28 cm.

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