

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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- AIFMD
- BRRD
- Bank Structural Reform
- Banking Union
- Basel Framework
- Benchmark Regulation
- Brexit
- CMDI
- CMU
- CRA Regulation
- CRR/CRD
- Climate risk
- DGS Directive
- Digitalisation
- Disclosure
- EBA Regulation
- EIOPA Regulation
- ELTIF Regulation
- EMIR
- ESMA Regulation
- EU GBS
- Europe 2020 Strategy
- Finance in trade deals
- Greenwashing
- High frequency trading law
- IFRS
- IRRD
- Insurance regulation
- Lawmaking & democracy
- MAD/MAR
- Macroprudential tools
- MiFID II
- MiFIR
- Monetary policy
- NBFI
- Non Performing Loans
- PEPP
- PRIIPS
- Pensions Regulation
- Personal Insolvency
- Prospectus Regulation
- Prudential regulation
- Recovery and Resolution
- Retail Investment Strategy
- SFDR
- SRM Regulation
- SSM Regulation
- Securitisation Regulation
- Solvency II
- State Aid Communication
- Structured products and derivatives
- Supervisory convergence & ESFS
- Sustainability preferences
- Sustainable Corporate Governance
- Sustainable Finance Strategy
- TBTF
- TTIP
- Transition finance
- UCITS Directive
- Aleksandra Palinska
- Anne Fily
- Benoît Lallemand
- COFACE Families Europe
- Christian M. Stiefmüller
- Christophe Nijdam
- Duncan Lindo
- Frédéric Hache
- Julia Symon
- Nina Lazic
- Paul Fox
- Paulina Przewoska
- Peter Norwood
- Rainer Lenz
- The European Consumer Organisation (BEUC)
- The Finance Watch team
- Private: Thierry Philipponnat
- Thomas Larible
22 PUBLICATIONS



Capital Markets Union and STS Securitisation Q&As & Quick assessment of CRR revision


Need for sustainable prosperity comes first


Response to DG FISMA consultation on the possible impact of the CRR and CRD IV on bank financing of the economy


Cheat sheet: the Bank Structural Reform (BSR)


Statement at ECON hearing on Stocktaking and challenges of the EU Financial Regulation


Speaking notes for EC public hearing on CMU


Response to Commission consultation on framework for simple, transparent and standardised securitisation


Response to Commission Green Paper on Capital Markets Union


Response to EBA consultation – The Future of the IRB Approach


Capital Markets Union in 5 questions

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