Supervisory cooperation in Europe from a banking perspective [electronic resource] / Freddy Van den Spiegel.
Material type:
FilmSeries: Henry Stewart talksBusiness & management collection. Effective risk based supervision: Publisher: London : Henry Stewart Talks, 2009Description: 1 online resource (1 streaming video file (38 min.) : color, sound)Subject(s): Banks and banking -- Europe | Risk management | SupervisionOnline resources: Click here to access online | Series Animated audio-visual presentation with synchronized narration.
Title from title frames.
Contents: Financial integration in the EU is a fact -- Cross border banks represent an increasing market share -- These banks are increasingly organized at a consolidated level, with key functions developed for the whole group at the corporate center level -- If supervision is to be effective, it should follow this market reality -- The supervisory process should start from the consolidated level and should be fully coherent throughout the group -- To achieve this without an institutional revolution, prudential supervision should consist of a college of all involved supervisors with an empowered lead supervisor, chairing this college and with a mediation mechanism at the EU level, in case of disputes between supervisors.
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Mode of access: World Wide Web.