How Do Banking Supervisors Deal with Europe-Wide Systemic Risk?

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How Do Banking Supervisors Deal with Europe-Wide Systemic Risk?

The systemic risk potential in the European banking market has increased. Hence, the following questions emerge: Is there a need for a truly European supervisory framework? And, how should a potential European supervisor be organised? This paper evaluates the existing supervisory framework as well as the recent proposal by the Economic and Financial Committee of the EU with respect to the…

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