Governing financial services in the European Union : banking, securities and post-trading / Lucia Quaglia.

Format:

Book

Author/Creator:

Quaglia, Lucia, 1973-

Series:

Routledge/UACES contemporary European studies series

Language:

English

Subjects (All):

Financial services industry--European Union countries.

Financial services industry.

Banks and banking--European Union countries.

Banks and banking.

Corporate governance.

European Union countries.

Corporate governance--European Union countries.

European Union.

Physical Description:

xi, 196 pages ; 25 cm.

Place of Publication:

London ; New York : Routledge, 2010.

Summary:

The global financial crisis that reached its peak in late 2008 has brought the importance of financial services regulation and supervision into the spotlight.

This book examines the governance of financial services in the EU and explains where the power lies in the policy-making process. It covers the main financial services- banking, securities, payments systems, clearing and settlement. Addressing the politics and public policy aspects of financial market integration, regulation and supervision in the European Union, it conducts a theoretically informed and empirically grounded analysis of financial services governance from the establishment of Economic and Monetary Union and the launch of the Financial Services Action Plan in 1999, to the present day. It also assesses the EU responses to the global financial crisis.

Providing a reliable and unique insight into the politics of financial services regulation in the EU based on an extensive programme of interviews with policy-makers and stakeholders across Europe, the book will be of great topical interest to students and scholars of European Union studies, political science and political economy. Book jacket.

Contents:

1 Introduction 1

2 The research design 11

3 The making of the Single Market in financial services 24

4 Governing banking in the EU 45

5 Governing securities markets in the EU 67

6 Governing post-trading in the EU 100

7 An overall cross-sectoral assessment 129

8 The EU response to the global financial turmoil in 2007-9 148

9 Conclusions 162.

Notes:

Includes bibliographical references and index.

ISBN:

9780415564182

0415564182

9780203855522

0203855523

OCLC:

441140901