Nicolas Véron
Nicolas Véron is Senior Resident Fellow at Bruegel covering two main areas: financial regulation and supervision, including banking surveillance and accounting / financial reporting policy; and interactions between companies and nations, such as policies to promote or protect “national champions”, regulatory competition among countries, or public screening of foreign direct investment.
He has been involved with the creation and development of Bruegel since its inception in late 2002 and has worked there on a full-time basis since 2005. Since October 2009, he is also a Visiting Fellow at the Peterson Institute for International Economics in Washington DC, and divides his time about equally between the United States and Europe.
Véron’s prior experience is in both public policy and corporate finance. In his early career, he worked for the Saint-Gobain Group in Berlin, for Rothschilds in Paris, and as economic aide to the state representative (Préfet) in Lille, France. He then became the corporate adviser to France’s Labour Minister (1997-2000), chief financial officer of MultiMania / Lycos France, a publicly-listed Internet company in Paris (2000-2002), and in 2002 founded ECIF, a tiny financial-services consultancy.
He is the author of Smoke & Mirrors, Inc.: Accounting for Capitalism, a book on accounting standards and practices in a changing financial system (Cornell University Press, 2006); of numerous policy papers at Bruegel alone or with co-authors which include Thomas Philippon, Adam Posen, Lars-Hendrik Röller, and André Sapir; and of several books in French.
In addition to occasional op-eds in newspapers including the Financial Times and Wall Street Journal Europe, his monthly column on business and markets has been published since March 2005 in French by La Tribune, France’s second-leading business daily, and more recently in other languages by leading titles including Forbes Russia, Caijing, Australian Financial Review, and Cinco Dias. He also comments regularly on radio and television channels including the BBC, CNBC, and Bloomberg TV.
Véron is a member of the Corporate Disclosure Policy Council of the CFA Institute and of the Accounting and Auditing Practices Committee of the International Corporate Governance Network. A French citizen born in 1971, he has a quantitative background as a graduate from Ecole Polytechnique (1992) and Ecole Nationale Supérieure des Mines de Paris (1995). He speaks fluent English, French, German and Spanish.
Nicolas Véron's Publications
- BLUEPRINTS ▼
- BOOKS ▼
- POLICY BRIEFS ▼
- POLICY CONTRIBUTIONS ▼
- A US strategy for IFRS adoption
- Choice in the UK audit market
- Empower users of financial information as the IASC Foundation‘s stakeholders
- EU adoption of the IFRS 8 standard on operating segments
- Fair value accounting is the wrong scapegoat for this crisis
- IFRS Sustainability Requires Further Governance Reform
- Rating agencies: an information privilege whose time has passed
- Transparency would help to address the audit market problem
- WORKING PAPERS ▼
- EXTERNAL PUBLICATIONS ▼
- Accounting Norms in the Storm
- Early Lessons of the Financial Crisis
- Europe's banking challenge: reregulation without refragmentation
- Family capitalism and the French problem with work
- Investment Protectionism on the Rise?
- The Reform of Global Economic and Financial Governance
- Two Learning Curves on Sovereign Wealth Funds
- OPINION PIECES AND COLUMNS ▼
- A European framework for foreign investment
- EU Has Major Challenges to Confront
- Europe's World: "Credit crunch pushes cross-borderwatchdogs high on EU agenda"
- Financial Regulation: A New Fortress Europe
- Financial Times Deutschland: "Wertvolles Kapital"
- Financial Times: "Europe must get ready for a banking crisis"
- Financial Times: "Europe‘s saplings need Financial Fertiliser"
- Financial Times: "European banking needs a state-led triage body"
- Financial Times: "Fuzzy oversight will not solve standards issue"
- Financial World: "A change of tone"
- Financial World: "Called to account"
- Financial World: "How big a watchdog?"
- Financial World: "London's Moment"
- Financial World: Rules of the Game
- La Tribune: "2007: Risky New Year"
- La Tribune: "A flimsy triumph for Global Accounting Standards"
- La Tribune: "A multipolar business world"
- La Tribune: "An agenda for the London Summit"
- La Tribune: "Asset management revolution may be looming in Europe"
- La Tribune: "Bob Nardelli‘s governance lessons"
- La Tribune: "Can accounting standards be scapegoated for the turmoil?"
- La Tribune: "Can accounting standards save the banks?"
- La Tribune: "Can France build a clean tech policy?"
- La Tribune: "Crisis brings sovereign funds back into favour"
- La Tribune: "Economic nationalism: not all play it like the French"
- La Tribune: "Economic Patriotism: lessons form Italy"
- La Tribune: "Electricity: the shifting power equation"
- La Tribune: "Europe and the US: A tale of two Financial Crises"
- La Tribune: "Fallait-il privatiser la rente nucléaire?"
- La Tribune: "For whom are accounting standards set?"
- La Tribune: "Global crisis: global solutions?"
- La Tribune: "Halliburton: Pariah or Precursor?"
- La Tribune: "Has the European banking exception come to an end?"
- La Tribune: "High risk summer"
- La Tribune: "IKB: a sad German story"
- La Tribune: "in French business, old castes die hard"
- La Tribune: "La France gagnée par le syndrome virginien"
- La Tribune: "Les IFRS et la malédiction de Babel"
- La Tribune: "M. Mittal peut-il dédramatiser la mondialisation"
- La Tribune: "Qui a peur de K Street?"
- La Tribune: "Rethinking Europe‘s Financial Regulation... in London"
- La Tribune: "Selection through crisis in the banking system"
- La Tribune: "Should emerging multinationals be kept out?"
- La Tribune: "So far, so good for the Mittals"
- La Tribune: "So few great French places to work"
- La Tribune: "Something new on the audit front"
- La Tribune: "Superfund blues"
- La Tribune: "Supervisory Colleges"
- La Tribune: "The challenges of implementing the Brown-Sarkozy Plan"
- La Tribune: "The changing geography of global corporate power"
- La Tribune: "The credit crisis and the role of public policy"
- La Tribune: "The dilemmas of corporate dual Citizenship"
- La Tribune: "The Dubai challenge"
- La Tribune: "The European Banking Gordian Knot"
- La Tribune: "The false promises of employee stock ownership"
- La Tribune: "The French Presidential debate – A war too late"
- La Tribune: "The global Stock Market and the challenge of regulatory competition"
- La Tribune: "The hot Summer of Sovereign Wealth Funds"
- La Tribune: "The IFRS‘ Stress Test"
- La Tribune: "the Lure of nostalgic capitalism"
- La Tribune: "The new 'grammar of business'"
- La Tribune: "The wheel of fortune is turning for the Global Champions"
- La Tribune: "Triple whammy on the Credit Markets"
- La Tribune: "When auditors get audited"
- La Tribune: "When France makes Germany despair"
- La Tribune: "Where will tomorrow's champions come from?"
- La Tribune: "Why France‘s addiction to economic nationalism?"
- La Tribune: "Will corporate reform stop with the Enron trial?"
- La Tribune: Europe's Banks Still Need Restructuring
- La Tribune: Europe's Oligarchs
- La Tribune: Turbulence Ahead for the City of London
- La Vanguardia: "La Hora de Europa"
- Le Journal des Finances: "Une crise de l‘information sur les risques"
- National Journal Blog: "Crony Capitalism In America?"
- National Journal Blog: "G20 Readout"
- Option finance: "Gouvernance de l‘IASB: une réforme indispensable"
- Telos: "Cinq réformes pour financer les champions de demain"
- Telos: "Normes comptables internationales : le débat continue"
- Telos: "Stock Market consolidation: a new game, but who sets the rules?"
- The Financial Times: Why the Issue of Convergence Should Remain on Backburner
- The IFRS‘ Stress Test
- The Jury is Still Out on the European Union's Crisis Performance
- Vox: "Better finance for more enterprise growth in Europe"
- Wall Street Journal/ La Tribune: "All together now"
- Will Governments Overrearch in their Crisis Interventions?

















