Belgians call for ‘strong co-ordination’ to hold EU prudential regime together
Researchers highlight ‘effective’ use of soft power by ESRB
Strong co-ordination mechanisms are needed to ensure the institutional structures in Europe produce "coherent and effective" macro-prudential policy, researchers at the National Bank of Belgium (NBB) claimed today.
European authorities have taken great strides in drawing up a system for the conduct of macro-prudential policy at a national and regional level, but a number of questions remain.
Paul Tucker, formerly a Bank of England deputy governor, called for clarification of the set-up at the
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