A ‘Twin Peaks’ Vision for Europe

A ‘Twin Peaks’ Vision for Europe

A ‘Twin Peaks’ Vision for Europe

The European financial supervisory architecture is based on a sectoral model with separate authorities for banking, insurance and securities and markets. New developments in the European financial sector make this sectoral structure increasingly out of date: • Brexit creates a need for strong EU-level wholesale market and conduct-of-business supervision to build an integrated capital market for…

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