Towards a New European Financial Supervision Architecture
Title: Towards a New European Financial Supervision Architecture
Author: IGLESIAS-RODRÍGUEZ, Pablo
Citation: FSR Forum, 2010, 12, 4, 32-35
External link: http://www.fsr.nu/magazine/magazine.aspx
In November 2008, while the world financial crisis was still evolving, the European Commission tasked a High Level Group chaired by Mr. Jacques de Larosière with proposing a new financial supervision architecture for European financial markets. The High Level Group published its report (the De Larosière Report) in February 2009, recommending the creation of a new European macroprudential supervisory body and the establishment of a new European micro-prudential supervisory system. These recommendations were meant to strengthen the European financial supervisory framework and increase the financial stability of the European Union.
Files in this item
There are no files associated with this item.