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A bit more clarity, please, M. de Larosière. CEPS Commentaries, 3 March 2009

Lannoo, Karel. (2009) A bit more clarity, please, M. de Larosière. CEPS Commentaries, 3 March 2009. [Policy Paper]

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    Abstract

    This Commentary assesses the report by the high-level group on financial supervision, chaired by former IMF Managing Director and Bank of France Governor Jacques de Larosière. The author, CEPS CEO Karel Lannoo, finds that the group’s recommendations offer a useful first step, but that its proposals need to be clarified and simplified, and their implementation accelerated. In his view, the report should lead to a clear roadmap to be adopted by the EU Council and some choices need to be thought through more carefully, procedures more fully specified and structures elaborated. Moreover, he advocates amending the EU Treaty to establish a European System of Financial Supervisors – a question carefully avoided by the report.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > economic policy
    EU policies and themes > Policies & related activities > regulations/regulatory policies
    EU policies and themes > Treaty reform > Lisbon Treaty
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 01 Jun 2009
    Page Range: p. 2
    Last Modified: 15 Feb 2011 18:12
    URI: http://aei.pitt.edu/id/eprint/11093

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