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A tightened European framework for banks following Brexit

  • Gunnar Schuster
Published/Copyright: October 11, 2019
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Abstract

Brexit has worked as a catalyst for a gradual reshaping of the European bank regulatory landscape. Guidelines and opinions from the European Supervisory Authorities and supervisory expectations promulgated by the European Central Bank have led this trend. This is problematic because policy changes are made simply through regulatory activity rather than deliberate choice of the European Council and the European Parliament. This article makes those policy choices transparent and assesses their impact on business models of internal banking groups.

Published Online: 2019-10-11
Published in Print: 2019-10-11

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