The Development of a European Prudential System

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2000

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MESR

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Copyright PERSEE 2003-2023. Works reproduced on the PERSEE website are protected by the general rules of the Code of Intellectual Property. For strictly private, scientific or teaching purposes excluding all commercial use, reproduction and communication to the public of this document is permitted on condition that its origin and copyright are clearly mentionned.



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Michel Aglietta et al., « The Development of a European Prudential System », Revue d'économie financière, ID : 10.3406/ecofi.2000.4505


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Résumé En

Financial markets are integrating fast with the advent of the euro. To cope with accrued competition, financial intermediaries have developed mergers. Credit and market risk are so correlated it poses problem to prudential regulation. This article proposes some ways of reforms. JEL Classifications : G28

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