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Begin New Search Topic International Trade and Finance Author Karel Lannoo

1. Financial Services and the Transatlantic Trade and Investment Partnership

Author:
Karel Lannoo
Publication Date:
11-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
It is still an unresolved question whether a process for financial services regulatory cooperation and convergence will be included in the Transatlantic Trade and Investment Partnership (TTIP).From a n end-user's perspective, it could be argued that its inclusion could be an opportunity not only as regards product choice, but also to improve the consumer or investor protection regulatory environment on both sides of the Atlantic. The inclusion would also be in line with the assessments made by both the EU and the US that the G-20 agenda has been incorporated in local legislation and that both regimes are thus 'equivalent'.
Topic:
Economics, International Trade and Finance, and Markets
Political Geography:
United States and Europe

2. Europe 2020 and the Financial System: Smaller is beautiful

Author:
Karel Lannoo
Publication Date:
07-2010
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Meeting Europe's 2020 objectives of smart, sustainable and inclusive growth is even more of a challenge for the financial sector than for the EU as a whole. Smart, sustainable and inclusive growth is just the opposite of what the financial sector stood for, and how it continues to be perceived by the public. The huge regulatory agenda that is on the table should tame the financial sector, but whether it will help it to meet the Europe 2020 objectives is an open question (see European Commission, 2010a).
Topic:
International Trade and Finance, Markets, Regional Cooperation, and Financial Crisis
Political Geography:
Europe

3. European Financial System Governance

Author:
Karel Lannoo
Publication Date:
06-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Much has been achieved in upgrading and integrating the 'governance' of the European financial system in recent years. In parallel with the successful adoption of the Financial Services Action Plan (FSAP), the EU managed to reform its regulatory structure, extending what was proposed by the Lamfalussy Committee for securities markets in early 2001 to banking and insurance. The EU thus created permanent committees of securities, banking and insurance supervisors (the 'Level 3 Committees' – CESR, CEBS and CEIOPS). This rapid reform demonstrated that national authorities were capable of overcoming domestic biases, adapting the supervisory structure, and instituting a much greater degree of supervisory cooperation than had existed previously.
Topic:
Economics and International Trade and Finance
Political Geography:
Europe

4. The First Weeks of the Eurosystem: An Initial Assessment and a Look Forward

Author:
Karel Lannoo
Publication Date:
02-1999
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
With the successful launch of the euro, the start of ESCB monetary policy operations and the operation of Target payment system, the previously national interbank bank markets have been integrated at once in a unified euro interbank market. Outstanding public debt was redenominated in euro, trading conventions harmonised and all EMU stock markets have started quoting in euro. This does not, however, bring us at once to a US-style capital market. Euroland remains profoundly different from the US in the weight of the regions and the importance of banks.
Topic:
International Trade and Finance
Political Geography:
United States and Europe