Not all financial regulation is global
by Nicolas Véron on 31 August 2010
Download: English
Category: POLICY BRIEFS
Topics: Financial markets and regulation
Financial regulation at global level has been high on the G20 agenda. However, financial multipolarity, with the rise of emerging economies, and its impact on decision-making at global level has made global convergence difficult. In this policy brief, the authors, Bruegel Senior Fellow Nicolas Véron and Stéphane Rottier, National Bank of Belgium, explain why now is the time to focus on building stronger global public institutions, ensuring globally consistent financial information, creating globally integrated capital-markets infrastructure and addressing competitive distortions among global capital-market intermediaries to set the foundation for global harmonisation of all aspects of financial regulation.
An assessment of the G20's initial action items
by , Nicolas Véron on 31 August 2010
Download: English
Category: POLICY CONTRIBUTIONS
Topics: Financial markets and regulation
In this policy contribution, Bruegel Senior Fellow Nicolas Veron and Stephane Rottier, National Bank of Belgium, score and grade the implementation and follow up of the 47 action items that were outlined in the G20 summit in 2008. This paper complements their policy brief titled 'Not all financial regulation is global'.
There are comfortable-and uncomfortable-trade offs
by Jean Pisani-Ferry on 22 August 2010
Download: English
Category: OPINION PIECES AND COLUMNS
Topics: Financial markets and regulation
In this blog article, Bruegel Director Jean Pisani-Ferry analyses the two reports that have been released by the Basel Committee on Banking Supervision and the Financial Stability Board on the long-term implications of tighter capital regulation – higher capital-to-assets ratios and the introducing of new liquidity requirements – and on the short-term effects of their introduction.fileadmin/files/admin/publications/opinion_pieces_and_colums/2010/August/JPF-_Economist0810.pdf
The test was well worth the stress
by Jean Pisani-Ferry on 02 August 2010
Download: French
Category: OPINION PIECES AND COLUMNS
Topics: Currencies and International finance, Financial markets and regulation
In this article, Bruegel director Jean Pisani-Ferry takes stock of the results from the bank stress tests were made public in July. While having reservations about the technique to assess the banks, he explains why the tests are crucial in preventing Europe from going the Japanese way.
Europe’s stress tests: only one step toward banking repair
by Nicolas Véron on 29 July 2010
Download: English
Category: OPINION PIECES AND COLUMNS
Topics: Currencies and International finance, Financial markets and regulation
In this month’s column, Bruegel senior fellow Nicolas Veron analysis the implications of the bank stress tests announced earlier this month. He looks at the positive and negative aspects of the results and explains why though European banks may have been given a clean sheet, a lot remains to be done to keep the banking sector resilient.