Centralising supervision may trigger more integration, ECB paper finds
Centralising supervision could create need for even greater centralisation, says ECB
Centralised supervision of banks may trigger more financial integration and create a need for even greater centralisation, according to research published by the European Central Bank today (April 29).
The working paper, Optimal supervisory architecture and financial integration in a banking union, by Jean-Edouard Colliard, studies the architecture of bank supervision in supranational and federal contexts.
"Centralizing supervision promotes market integration, in the sense that foreign investors
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