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European Union Law and Government

Content tagged with European Union Law and Government

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Rethinking Financial Integration

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In the aftermath of the European financial crisis, the lack of risk diversification in the financial system is the main cause of the fast retrenchment of capital flows within national boundaries. Europe needs private risk sharing mechanisms to withstand...

Legal Implications of Asset Management in the EU

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The European asset management industry has witnessed a solid growth in recent years. Despite the significant steps taken in the past decade (UCITS, AIFMD, PRIPS and KIID), the European asset management sector remains highly fragmented, resulting in...

Judges for Austerity

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Budgetary discipline in the EU is established in the Stability and Growth Pact. The pact consists of agreements between the member states on the maximum levels of their government deficits and government debts. It consists of a preventive arm and a...