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In the course of their growth and their more recent crisis, cryptocurrencies suffered from tremendous volatility. Volatility impaired cryptocurrencies' ability to serve the needs generally associated with currencies, i.e. serve as a store of value as well as a medium of exchange and a unit of...
Persistent link: https://www.econbiz.de/10012870861
Private entities have recently attempted to invade the realm of central banking activities. This Article identifies this activity as “Shadow Central Banking,” and draws analogies with the previous emergence of “shadow banking” more generally. The “shadow banking” system emerged as a...
Persistent link: https://www.econbiz.de/10012859315
The aim of this paper is to provide an analysis of the power of the ECB to impose administrative penalties as a supervisory authority within the context of the ‘Single Supervisory Mechanism', which is a major building block of the European Banking Union. It is structured in three (3) sections....
Persistent link: https://www.econbiz.de/10013022679
Transatlantic convergence of financial regulation has not made significant progress despite the considerable financial … links between the United States and Europe. The changing structure and dynamic of global securities markets calls for new … approaches to securities regulation. The SEC blueprint initiative represented such an approach. The initiative was geared to …
Persistent link: https://www.econbiz.de/10012996909
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On 16th November 2009, SUERF, CEPS and the Belgian Financial Forum coorganized a conference "Crisis management at cross-roads" in Brussels. All papers in the present volume are based on contributions at the conference and the SUERF Annual Lecture which followed the event.
Persistent link: https://www.econbiz.de/10011706117
competition is to work - and to deliver to homes the growing array of new services such as films, E-commerce, internet and … computing - arguably increases the need for and the complexity of regulation. This is not least because of the need to cover … independent regulation of telecoms is necessary to facilitate and promote commercialisation, liberalisation and privatisation of …
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Decreased regulation of part-time work is one way a country responds to high rates of unemployment. Proponents of … rates of employment. Both policies have been tried in Europe, a good place to study the effects of the two policy responses …
Persistent link: https://www.econbiz.de/10015388074