European Union: Financial Sector Stability Assessment
March 15, 2013
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The recent financial crises have underscored the need for the European Union (EU) to take a regional approach to financial stability. Preserving financial stability in such an environment requires a supranational oversight framework. Progress has been made toward stronger pan-European approaches. Moving banks and sovereigns jointly to safety is essential. Bank recovery and resolution and harmonization are essential. The focus of this Financial Sector Stability assessment is on supranational institutions.
Subject: Bank resolution, Bank resolution framework, Banking, Financial crises, Financial Sector Assessment Program, Financial sector policy and analysis, Financial sector stability, Financial services, Stress testing
Keywords: bank balance sheet repair, Bank resolution framework, CR, crisis, EU competition regulation, EU directive, EU institution, EU level, Europe, Financial Sector Assessment Program, Financial sector stability, Global, ISCR, market funding, Stress testing
Pages:
67
Volume:
2013
DOI:
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Issue:
075
Series:
Country Report No. 2013/075
Stock No:
1EUREA2013011
ISBN:
9781475585971
ISSN:
1934-7685
