EU regulators look to strike right home-host balance
REGULATORY UPDATE
Some European federalists are already calling for the establishment of a single, Europe-wide supervisor to regulate financial services. Having such a regulator would be far easier than trying to co-ordinate 25 separate national regulatory regimes, they argue, and establishing such a scheme would jump-start overall financial integration.
Tomasso Padoa-Schioppa, a member of the board of the European Central Bank, argues for such an approach in a book he recently published, The Euro and Its
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