The European Shadow Financial Regulatory Committee (ESFRC)

 

The ESFRC is a group of 13 professors and other independent experts drawn from across Europe. Chaired by Harald Benink, who is a professor of finance at the Rotterdam School of Management of Erasmus University Rotterdam and who is a senior associate to the Financial Markets Group of the London School of Economics, the Committee meets three times each year to discuss issues in financial regulation and to issue policy recommendations.
Karel Lannoo, Chief Executive Officer of CEPS, is a member of the Committee.
Following each meeting, the ESFRC issues a statement on a topical aspect of financial regulation. These are reproduced in full below.
 
Statements

Statement n.31, 30 November 2009 A New Life for European Financial Supervision
30, 11 September 2009 Letter to the G20
27, 10 March 2008 Resolving the Current Crisis and Preventing its Return
26, 11 September 2006 Lessons from the recent financial turmoil
25, 20 November 2006 Basel II and the Scope for Prompt Corrective Action in Europe
24, 27 April 2006 Insurance Supervision in Europe: Is Solvency II Appropriate?
23, 21 November 2005 Reforming Banking Supervision in Europe
Joint Statement of the Shadow Financial Regulatory Committees of Asia, Europe, Japan and the United States Aging and Pensions: A Ticking Bomb
21, 7 March 2005 Repeal the Second EU Company Law Directive
19, 25 October 2004 Towards New Bank Capital Requirements in Europe
18, 17 May 2004 Challenges to Financial Regulators in Accession Countries
17, 27 October 2003 Credit Risk Transfer from Banks to Non-Bank Financial Institutions
16, 12 May 2003 Bank Supervisors’ Business: Risk Management or Systemic Stability?
15, 2 December 2002 Corporate Governance in Europe
14, 7 October 2002 Reforms in the Process of Restructuring International Sovereign Debt
13, 4 February 2002 Takeover Bids in Europe
12, 5 November 2001 Re-Plumbing European Securities Markets
11, 18 June 2001 Reforming Bank Capital Regulation
10, 26 March 2001 The Regulation of European Securities Markets: The Lamfalussy Report
9, 16 October 2000 Reform of Bank Regulation and Its Application to Japan
8, 12 June 2000 Towards a Single Market in European Securities Trading: An Agenda for the Reform of the ISD
7, 7 February 2000 Internal Ratings Capital Standards and Subordinated Debt
6, 7 February 2000 Banking Mergers and Acquisitions
5, 18 October 1999 A New Role for Deposit Insurance in Europe
4, 14 June 1999 Improving the Basel Committee’s New Capital Adequacy Framework
3, 1 March 1999 Towards Safer Derivatives Markets
2, 19 October 1998 EMU, The ECB and Financial Supervision
1, 22 June 1998 Dealing with Problem Banks in Europe

For further information, please contact Karel Lannoo at CEPS

 

Publications in this research area