

Policy portal Stability & Supervision
When trust in the financial system disappears, panic sets in: fire sales of financial assets and bank runs can make the entire system collapse. Taxpayers are forced to bail out “too-big-to-fail” institutions to protect essential economic functions (deposits, credit, payment systems).
Mitigating implicit “moral hazard” requires sound prudential policies protecting essential banking services from excessive risk-taking and maintaining adequate capital levels to cover possible losses. Well-resourced, and independent supervision is also key. Finally, prudential regulation must also respond to new risks related to digitalisation (see “Digital Finance”) and climate change (see climate risk under “Sustainable Finance”).

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- Aleksandra Palinska
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- Christian M. Stiefmüller
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- Frédéric Hache
- Julia Symon
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- Paulina Przewoska
- Peter Norwood
- Rainer Lenz
- The European Consumer Organisation (BEUC)
- The Finance Watch team
- Private: Thierry Philipponnat
- Thomas Larible
11 PUBLICATIONS



Proposal for the EU financial supervisory reform – Open letter


Comment on the final report of the European Commission’s Expert Group on Corporate Bonds


Consultation response on secondary markets for non-performing loans


Speech at Financial Stability Conference 2017


Finance Watch response to the ESMA Consultation Paper on suitability requirements guidelines under MiFID II


Policy Brief “One step forward, two steps back”


Response to the EC’s public consultation on the operations of the European Supervisory Authorities


Public hearing at ECON on the banking legislation package


The Capital Markets Union and sustainability: recommendations for the mid-term review


Response to the EC’s public consultation on the CMU mid-term review 2017

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