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An Oversight of Selected Financial Reforms on the EU Agenda

Towards for a Progressive European Response to the Financial Crisis

The decisions about financial sector reforms at EU level are important because they transform political
agreements, such a at the G-20, and international standards such as by the Basel Committee on
Banking Supervision, into legal obligations that are subject to supervision. At the EU level, this is
mostly done by adopting EU directives that are subsequently transposed in national laws of EU
member states. At the national level, EU member states can still make financial sector reforms about
particular issues or impose higher standards.
This is a working document (comments are welcome).

Authors M. Vander Stichele
T. Kerckhoffs
M. Ruiz Carnés
Denis, G.
Type Paper
Date September 2009
dossier Financial
Responsible organisation SOMO
Regions Europe

 

  

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