Artikel

Banking union and bank regulation: Banking sector stability in Europe

Despite the most recent period of calm on the financial markets, the long-term resilience of the European financial system is not yet assured, even several years after the financial crisis began. However, the stability of the financial system playsa crucial role for real economic development and consequently for growth and prosperity. The financial crisis has shown that stricter regulation is required to improve the stability and resilience of the banking system. Further, it has become evident in recent years that banking supervision requires better international coordination in this age of globalization. The present report first analyzes current developments with regard to the European banking system: what regulatory and institutional changes have been introduced since the crisis? How have market structures and the stability of the banking system developed? Second, the report proposes recommendations to further promote the stability of the banking system: the European banking sector has not been fully consolidated and this should be driven forward as a matter of urgency. The transparency of the new regulatory and institutional structure should be increased. The close ties between banks and governments must also be loosened further. Beyond the adjustments planned to date, policy makers should promote alternative financing sources for small and medium-size firms, e.g. the direct access to capital markets.

Sprache
Englisch

Erschienen in
Journal: DIW Economic Bulletin ; ISSN: 2192-7219 ; Volume: 4 ; Year: 2014 ; Issue: 9 ; Pages: 29-39 ; Berlin: Deutsches Institut für Wirtschaftsforschung (DIW)

Klassifikation
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
International Policy Coordination and Transmission
Thema
bank regulation
banking union
financial stability
bank market structures
institutional adjustments

Ereignis
Geistige Schöpfung
(wer)
Bremus, Franziska M.
Lambert, Claudia
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Bremus, Franziska M.
  • Lambert, Claudia
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2014

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