Publication
14 Jun 2006
This paper examines the European financial system including the adoption of the Financial Services Action Plan (FSAP) and the reform of the regulatory structure. It further explores future tasks of the system, namely whether the current decentralized governance structure, which offers some advantages but creates unsound asymmetries, is here to stay. The paper concludes by identifying several concepts that are in circulation but require further clarification to avoid confusion and to consolidate the progress achieved.
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English (PDF, 8 pages, 111 KB) |
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Author | Karel Lannoo |
Series | CEPS Policy Briefs |
Issue | 106 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2006 Centre for European Policy Studies (CEPS) |