Cross-Border Entry in European Retail Financial Services

Cross-Border Entry in European Retail Financial Services
Author: Tobias C Hoschka
Publisher: Springer
Total Pages: 357
Release: 1993-12-13
Genre: Business & Economics
ISBN: 1349229792

Providing a comprehensive assessment of the strategies of banks and insurance companies in the move towards an internal European market for financial services, this book analyzes the latest theoretical and institutional developments. It also provides a range of case studies of actual cross-border entry strategies of some of the largest European financial institutions.

Cross-border Banking

Cross-border Banking
Author: Gerard Caprio
Publisher: World Scientific
Total Pages: 491
Release: 2006
Genre: Social Science
ISBN: 9812568298

Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. This volume discusses topics that include: the landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, and more. Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. It requires cooperation by regulatory authorities across jurisdictions and a clear delineation of authority and responsibility. That delineation is typically not present and regulatory authorities often have significantly different incentives to respond when cross-border-active banks encounter difficulties. Most of these issues have only begun to be seriously evaluated. This volume, one of the first attempts to address these issues, brings together experts and regulators from different countries. The wide range of topics discussed include: the current landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, safety net concerns, failure resolution issues, and the potential future evolution of international banking.

Globalization of Financial Institutions

Globalization of Financial Institutions
Author: Hasan Dincer
Publisher: Springer
Total Pages: 0
Release: 2016-08-27
Genre: Business & Economics
ISBN: 9783319344973

This peer-reviewed volume from the Society for the Study of Business and Finance, discusses current issues in globalization and financial system from an international political and economic perspective. Contemporary instruments and actors in the global financial system are specially analyzed and the discussion of managerial and financial issues of the global financial strategies offers novelty to readers and researchers in the field.

Economic Policy Reforms 2006 Going for Growth

Economic Policy Reforms 2006 Going for Growth
Author: OECD
Publisher: OECD Publishing
Total Pages: 164
Release: 2006-02-07
Genre:
ISBN: 9264035923

This annual publication takes stock of the progress made in implementing policy reforms to improve labour productivity and utilisation and provides indicators covering structural policy areas.

OECD Economic Surveys: European Union 2009

OECD Economic Surveys: European Union 2009
Author: OECD
Publisher: OECD Publishing
Total Pages: 162
Release: 2009-09-21
Genre:
ISBN: 9264054464

The 2009 edition of OECD's periodic economic review of the European Union. This edition includes chapters covering policies to overcome the crisis, strengthening research and innovation, deepening the single market, energy policy and the transition ...

The Incomplete European Market for Financial Services

The Incomplete European Market for Financial Services
Author: Paolo Cecchini
Publisher: Springer Science & Business Media
Total Pages: 261
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642573649

Looking back over the last decade it can be said with some justification that sig nificant progress has been achieved on the way towards fully integrated financial markets in Europe. The 1993 Internal Market initiative and the Euro introduction in 1999/2002 constitute important milestones. The integration process has further been intensified by market developments like the surge in mergers and acquisi tions and by technological innovations like internet based distribution. As a result, some market segments today do no longer have a national character. Nevertheless, this success should not obscure the fact that integration of financial services markets is still a long way from the level of integration that exists within national markets. Particularly for retail financial services national borders still constitute a considerable de facto barrier. The absence of frequent direct cross border links between financial service providers and retail consumers holds true despite the fact that the Euro has made product comparisons easier and that the internet has reduced information costs to a considerable extent.

Consumer Credit, Debt and Bankruptcy

Consumer Credit, Debt and Bankruptcy
Author: Johanna Niemi
Publisher: Bloomsbury Publishing
Total Pages: 462
Release: 2009-07-15
Genre: Law
ISBN: 1847315224

After a long period of prosperity and steady economic growth, the world's leading economies are now in crisis, and although there will be debate about its origins, the scale and seriousness of the crisis is in no doubt. There is also no doubt that excessive amounts of consumer credit, allied to a weak understanding of how globalised credit markets might react to a crisis, have played a significant part. This book, which is primarily about credit, debt and the trouble they have led to, is written by authors who have specialised in researching into over-indebtedness, that is, situations in which an individual's debt burden has become overwhelming. For these authors the plight of individuals is a primary concern, but the wider issue is how credit is used and how it changes societies. The essays in this volume, addressing topics which are fundamental to our understanding of the current crisis, range widely across the whole sector of consumer finance, including mortgages, 'credit-binges', the regulation of consumer lending, insolvency, repayment plans, debt counselling and much more besides. The conclusions drawn from the book are equally wide-ranging, but above all the lesson learned from these essays is that the financialisation of contemporary life ensures that issues of the appropriate role of credit remain of critical importance in society.

Financial Services in Europe

Financial Services in Europe
Author: M. van Empel
Publisher: Kluwer Law International B.V.
Total Pages: 262
Release: 2008-01-01
Genre: Law
ISBN: 9041127011

Presents a survey of the concept of finance as a vital component of the economic structure of the European Communities. This book describes the architecture of the financial system, its institutions (banks, stock exchanges, etc), the variety of financial instruments, and, the progress of liberalization and harmonization initiatives in Europe.

Regulation 1/2003 and EU Antitrust Enforcement

Regulation 1/2003 and EU Antitrust Enforcement
Author: Luca Prete
Publisher: Kluwer Law International B.V.
Total Pages: 1148
Release: 2022-11-22
Genre: Law
ISBN: 9403535458

For nearly twenty years, EU antitrust enforcement has been governed by Regulation 1/2003, which ushered in a sweeping reform of the procedures for the application of Articles 101 and 102 TFEU. This systematic article-by-article expert commentary on the Regulation, with additional perspectives and critical views by particularly experienced and qualified authors, provides an in-depth examination of the Regulation’s legal achievements, implications, and promise for the future. Analysis of each of the Regulation’s articles covers such aspects as: legislative history; rationale and context; practice of the Commission and, where relevant, of the national competition authorities; case law of the Court of Justice of the European Union; international aspects; and outstanding and problematic issues. Along with many of the article commentaries, ‘boxes’ have been added on specific issues of particular salience. The critical reflections of the book’s second part include perspectives from members and staff of the Court of Justice of the European Union and of the European Commission’s Directorate General for Competition and Legal Service, heads of national competition authorities and of national courts, counsel, economists, consumer organisations, and academics. There are also comparisons with various aspects of antitrust enforcement in France, Germany, the Netherlands, and the United States. With this unparalleled book, practitioners and in-house counsel, as well as case-handlers and policymakers, will approach any competition case before the Commission with full awareness of the applicable procedural rules. They will gain a clear understanding of the enforcer’s powers and duties, as well as of the various options available to the undertakings involved in antitrust proceedings and their rights.