Closing ranks between prevention and management of systemic crises: A proposal to couple the ESRB with the ESM

Arbeitspapier

On the occasion of related proposals by the European Commission and the Eurogroup, this paper proposes to entrust the ESM with the hosting of the ESRB in the medium term. The novel proposal aims at strengthening the macro-prudential expertise of the ESM and at enhancing the independence of the ESRB. Following a brief summary of related proposals, the main rationales and the key elements of the proposal are presented in detail.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Discussion Paper ; No. 2018/14

Classification and Topics

• Classification: Wirtschaft ; Financial Markets and the Macroeconomy ; Financial Institutions and Services: Government Policy and Regulation ; Structure, Scope, and Performance of Government ; Central Banks and Their Policies
• Subject: financial stability ; macroprudential policy and supervision ; financial crisis prevention and resolution ; conflict of interest ; euro area

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Thomasius, Sebastian
• Event: Veröffentlichung
• (who): Freie Universität Berlin, School of Business & Economics
• (where): Berlin
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/181919
• URN: urn:nbn:de:kobv:188-refubium-22793-2
• Last update: 10.03.2025, 11:43 AM CET