1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario registrado en Universia


Opción 1: Descargar recurso

Detalles del recurso

Descripción

Possibly facilitated by the perspective of Brexit, the European Commission has proposed, for the first time, a truly proportional regime in its new prudential framework for investment firms. The very large firms, which are all headquartered in London today, will be required to obtain a banking license – to the extent they will relocate to the EU – given the possible systemic effects. For mid-sized and smaller firms, a different and lighter regime is proposed. This initiative should be welcomed in the context of capital markets union (CMU) as it not only harmonises, but also recognises that a clearly distinct regime is needed for investment firms with their different risk profile. Vibrant capital markets require specialised intermediaries, but they have been priced out of the market in most countries.

Pertenece a

ARCHIVE OF EUROPEAN INTEGRATION   Archive of European Integration  

Autor(es)

Lannoo, Karel. - 

Id.: 71303621

Versión: 1.0

Estado: Final

Tipo:  application/pdf - 

Palabras clavebanks/financial markets - 

Tipo de recurso: Policy Paper  -  NonPeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Formatos:  application/pdf - 

Requerimientos técnicos:  Browser: Any - 

Relación: [References] https://www.ceps.eu/publications/proportional-prudential-regime-investment-firms
[References] http://aei.pitt.edu/93899/

Fecha de contribución: 11-may-2018

Contacto:

Localización:
* Lannoo, Karel. (2018) A Proportional Prudential Regime for Investment Firms. ECMI Commentary, No. 53 / 2 May 2018. [Policy Paper]

Otros recursos del mismo autor(es)

  1. Spotify’s US listing highlights Europe’s failings. ECMI Commentary No. 51 / 3 April 2018 Europe must wake up to the urgent need to enable pan-European public offerings and to recognise the ...
  2. The fight over clearing euro derivatives. ECMI Commentary No. 50 / 15 March 2018 In its proposed model to supervise the clearing of euro derivatives following Brexit, the Commission...
  3. Navigating the minefield of the ESA review. ECMI Commentary No. 49 / 27 February 2018 In its review of the European Supervisory Authorities (ESAs), the European Commission is proposing a...
  4. MiFID II will profoundly affect the portfolio management business. ECMI Commentary No. 47/24 January 2018 The first indications to emerge from the impact of MiFID II, following its implementation on 3 Janua...
  5. Derivatives Clearing and Brexit: A comment on the proposed EMIR revisions. ECMI Policy Brief No. 25 / November 201 No less than three substantive pieces of EU legislation have been proposed over the eightmonth perio...

Otros recursos de la mismacolección

  1. How Europe should respond to Trump’s steel tariffs. CEPS Commentary, 13 May 2018 Whereas the US has apparently abandoned economic logic in its search for quick ‘wins’ on trade, the ...
  2. The missing link in the EU’s plan on digital health: citizens’ empowerment and endorsement. EPC Commentary 8 May 2018 On 25 April, the European Commission presented its long-overdue communication on the digital transfo...
  3. The next EU budget: firmly rooted in the past? EPC Commentary 7 May 2018 An enormous political battle has just begun in the European Union (EU). On 2 May, the European Commi...
  4. The Multiannual Financial Framework, where continuity is the radical response. CEPS Commentary, 4 May 2018 Despite the fanfare accompanying its announcement, the Commission’s proposal for the EU budget perio...
  5. Egypt after the presidential election. CEPS Commentary, 3 May 2018 Following the re-election of President Abdel Fatah Al-Sisi, both the Egyptian authorities and the EU...

Aviso de cookies: Usamos cookies propias y de terceros para mejorar nuestros servicios, para análisis estadístico y para mostrarle publicidad. Si continua navegando consideramos que acepta su uso en los términos establecidos en la Política de cookies.