Strengthening the Governance of National Financial Supervision in the EU: Existing Weaknesses and a Proposal for Reform

Strengthening the Governance of National Financial Supervision in the EU: Existing Weaknesses and a Proposal for Reform

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Strengthening the Governance of National Financial Supervision in the EU: Existing Weaknesses and a Proposal for Reform

The paper is a contribution to the debate on the governance of financial supervision in Europe. It analyses the: [i] rationale for delegation of regulatory and supervisory powers to an independent supervisor; [ii] governance arrangements for independence and accountability of supervision; and [iii] the institutional models for supervision at national level.

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