The ECB's half-baked supervision mandate Or, how to get serious about shadow banking again

被引：0

作者：

Vestergaard, Jakob ^{[1
]}

Quorning, Stine ^{[2
]}

机构：

[1] Roskilde Univ, Dept Social Sci & Business, Roskilde, Denmark

[2] Copenhagen Business Sch, Dept Org, Copenhagen, Denmark

来源：

JOURNAL OF ECONOMIC POLICY REFORM | 2022年 / 25卷 / 03期

关键词：

Financial supervision; banking union; single supervisory mechanism (SSM); European central bank (ECB); shadow banking; systemic risk; UNION;

D O I：

10.1080/17487870.2020.1855177

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

In debates on the need to "complete" the banking union, there has been little attention to the omission of shadow banks from the supervision mandate given to the European Central Bank with the establishment of the Single Supervisory Mechanism (SSM). We argue that there can be no completion of the banking union without dedicated pan-European supervision of all non-banking financial institutions. We identify four explanatory modalities for the omission of shadow banking from the SSM mandate and discuss organizational options for institutionalizing European supervision of its shadow banking sector.

引用

页码：272 / 286

页数：15