Coordinating prudential supervision

This IMF paper argues that Europe need closer coordination between its prudential supervision and financial safety nets.

"The scramble to expand deposit guarantees in Europe in response to recent financial turmoil confirms that the on-going integration of European financial markets requires closer coordination of prudential policies and financial safety nets," the authors argue.

"The need to improve deposit guarantees in Europe is becoming more widely recognized at a time when it seems that

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