Governing Financial Services in the European Union: Banking, Securities and Post-Trading

Governing Financial Services in the European Union: Banking, Securities and Post-Trading

By Lucia Quaglia

This book examines the governance of - and politics of regulating - financial services in the EU. It provides a detailed analysis from the establishment of Economic and Monetary Union and the Financial Services Action Plan to the present day, and assesses the EU response to the current global financial crisis.

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Book Information

Publisher: Routledge
Publish Date: 09/12/2014
Pages: 198
ISBN-13: 9781138829831
ISBN-10: 1138829838
Language: English

Full Description

The global financial crisis that reached its peak in late 2008 has brought the importance of financial services regulation and supervision into the spotlight.

This book examines the governance of financial services in the EU, asking who governs financial services in the EU, how and why, and explaining where the power lies in the policy-making process. It covers the main financial services: banking, securities, payments systems, clearing and settlement. Addressing the politics and public policy aspects of financial market integration, regulation and supervision in the European Union, this book conducts a theoretically-informed and empirically-grounded analysis of financial services governance from the establishment of Economic and Monetary Union (1999) and the launch of the Financial Services Action Plan (1999), to date. It also assesses the EU responses to the global financial crisis.

Providing a reliable and unique insight into the politics of financial services regulation in the EU based on an extensive programme of interviews with policy makers and stakeholders across Europe, the book will be of great topical interest to students and scholars of European Union studies, political science and political economy.

About the Author

Scott James, Reader in Political Economy, King's College London , Lucia Quaglia, Professor of Political Science, University of Bologna Dr Scott James joined King's College London in September 2008, and served as Deputy Head of the Department of Political Economy from 2015-16.

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