000			01853nam a22002657a 4500
003			ZW-GwMSU
005			20201217102219.0
008			201217b ||||| |||| 00| 0 eng d
022			_a17487870
040			_aMSU _cMSU _erda
050			_aHD1918
100	1		_aQuaglia, Lucia _eauthor
245	1	0	_aFinancial regulation and supervision in the European Union after the crisis _ccreated by Lucia Quaglia
264			_aOxfordshire _bTaylor and Francis _c2013
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aJournal of Economic Policy Reform _vVolume 16, number 1,
520			_aThe global financial crisis challenged the existing architecture for financial services regulation and supervision in the European Union (EU). This article first examines the new pieces of legislation that were issued by the EU in the wake of the crisis, as well as substantial revisions of existing EU legislation. Second, it conducts an overall assessment of the reforms implemented and highlights some open issues that were underscored by the crisis and that were only partially addressed afterward. It is argued that the framework for financial regulation and supervision in the EU after the crisis is still poorly equipped to deal with (or to prevent) future financial crises mainly because of the political constraints encountered during the reform process. One of the most important lessons to be drawn is that political factors are as important as (if not more important than) economic factors in shaping financial services regulation and supervision in the EU (and, arguably, elsewhere).
650			_aFinancial regulation
650			_aFinancial supervision
650			_aEuropean Union (EU)
856			_uhttp://dx.doi.org/10.1080/17487870.2012.755790
942			_2lcc _cJA
999			_c156030 _d156030