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The Great Financial Plumbing: From Northern Rock to Banking Union

Lannoo, Karel, (2015), “The Great Financial Plumbing: From Northern Rock to Banking Union”, CEPS Paperbacks, 19 Οκτωβρίου

The financial and economic crises have led to an enormous plumbing exercise, involving a fundamental re-design of the global and European regulatory and supervisory system. This book systematically assesses the big items on the G-20 and EU agendas and the effectiveness with which they have been implemented in the EU. Its publication coincides with the demand by European Commissioner Jonathan Hill, in the context of the Capital Markets Union, for a ‘comprehensive review’ of the impact and coherence of EU legislation in the area of financial services.

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