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Licensed Unlicensed Requires Authentication Published by RWS-Verlag December 14, 2015

The New Actors of Macroprudential Supervision in Germany and Europe – A Critical Evaluation

Elke Gurlit and Isabel Schnabel

Abstract

With the CRR/CRD IV package being in effect, the banking supervisors of the European Union possess an impressive set of macroprudential instruments to fight systemic risks in the financial system. However, in order to be effective and efficient, the instruments need an appropriate organizational and institutional setting. The text analyzes the complex multi-level network of actors of macroprudential supervision from a legal and economic perspective.

Online erschienen: 2015-12-14
Erschienen im Druck: 2015-12-15

© 2015 RWS Verlag Kommunikationsforum GmbH, Aachener Str. 222, 50931 Köln.

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