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This article briefly comments on the European proposals on financial oversight architecture presented by the Commission on 27 May this year, discussing also their legal basis in the Treaty.
Ramos-Muñoz holds that financial regulation's trouble to tackle securitization's problems is but the tip of a great iceberg, for the question should not be in what category does securitization fit, but whether such categories make sense at all.
Ms De Kezel presents the results of an investigation, conducted by researchers from the University of Utrecht and the University of Amsterdam, concerning liability risks for the Dutch financial supervisors vis-à-vis the clients of supervised internationally operating companies.
Lybecker sketches the gaps and weaknesses of the financial framework in the US as dramatically exposed by the financial crisis.
This paper addresses two crucial questions: what are the main features of the reshaping of the supervisory architectures and what is the role central banks are taking in the changing environment of the financial supervision?
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