Do we need a resolution fund paid for by financial institutions?

Downloads:
1157
If you don't have Adobe Reader, you can download it here
Author(s): 
Stefano Micossi
In:
Financial Markets, EuropEos Commentaries
Date of publication: 
17 May 2010
Pages: 
3
File type: 
pdf
34.34 KB
Can't download?
Download

In this EuropEos Commentary, Stefano Micossi reviews recent efforts to build a stronger and more coherent regulatory system for financial markets and finds the idea of a resolution fund at best a distraction, and at worst a harbinger of renewed financial instability.

Stefano Micossi is Director General of Assonime and a member of the CEPS Board of Directors.