LEADER 07135oam 22014054 450 001 9910790812803321 005 20230803220653.0 010 $a1-4755-2047-6 010 $a1-4755-7031-7 010 $a1-4755-3408-6 035 $a(CKB)2550000001178115 035 $a(EBL)1588245 035 $a(SSID)ssj0001158721 035 $a(PQKBManifestationID)11986129 035 $a(PQKBTitleCode)TC0001158721 035 $a(PQKBWorkID)11106245 035 $a(PQKB)10121268 035 $a(MiAaPQ)EBC1588245 035 $a(Au-PeEL)EBL1588245 035 $a(CaPaEBR)ebr10825501 035 $a(CaONFJC)MIL558283 035 $a(OCoLC)867075845 035 $a(IMF)FOEUEE 035 $a(IMF)FOEUEA 035 $a(EXLCZ)992550000001178115 100 $a20020129d2013 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFrom Fragmentation to Financial Integration in Europe /$fCharles Enoch, Luc Everaert, Thierry Tressel, Jianping Zhou 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2013. 215 $a1 online resource (525 p.) 300 $aDescription based upon print version of record. 311 $a1-4843-8766-X 311 $a1-306-27032-4 320 $aIncludes bibliographical references and index. 327 $aCover; Contents; Foreword; Foreword; Acknowledgments; 1 Securing a Safer Financial System for Europe; PART I: FROM INTEGRATION TO CRISIS MANAGEMENT; 2 Institutional Setup for the Single Market and Economic and Monetary Union; 3 European Union Financial Integration before the Crisis; 4 Financial, Sovereign, and Macro Risk in the European Union: Contingent Claims Approach; 5 Crisis Management; 6 Risks and Vulnerabilities; 7 Progress with Bank Resolution and Restructuring in the European Union; 8 Fragmentation of the Financial System 327 $aPART II: UNDERPINNING FINANCIAL STABILITY IN THE ECONOMIC AND MONETARY UNION AND THE EUROPEAN UNION9 Banking Union and Single Market: Consistent Setup and Risk Mitigation; 10 Legal Underpinnings of an EU Banking Union; 11 The Single Supervisory Mechanism; 12 The Single Resolution Mechanism; 13 Bank Recapitalization; 14 Deposit Insurance in the European Union; 15 Governance and Transparency of EU-Wide Institutions; 16 European Union Banking Regulatory Framework and Authorities: An Overview; 17 Stress Testing European Banks; 18 An Assessment of Markets and Credit Rating Agency Regulation 327 $a19 European Insurance and Occupational Pensions Authority20 Macroprudential Oversight and the Role of the European Systemic Risk Board; 21 Addressing Cross-Border Aspects of Securities Clearing and Settlement Systems in the European Union; 22 Mortgage Markets and Foreclosure Processes in Europe and the United States; 23 Resolving Systemically Important Financial Institutions: Mandatory Recapitalization of Financial Institutions Using "Bail-Ins"; PART III: BEYOND THE CRISIS; 24 Structural Measures for the New European Architecture; 25 Some Wider Challenges; Contributors; Index; A; B; C; D; E 327 $aFG; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W 330 3 $aFrom Fragmentation to Financial Integration in Europe is a comprehensive study of the European Union financial system. It provides an overview of the issues central to securing a safer financial system for the European Union and looks at the responses to the global financial crisis, both at the macro level?the pendulum of financial integration and fragmentation?and at the micro level?the institutional reforms that are taking place to address the crisis. The emerging financial sector management infrastructure, including the proposed Single Supervisory Mechanism and other elements of a banking union for the euro area, are also discussed in detail. 410 0$aBooks 606 $aFinance$zEuropean Union countries 606 $aFinancial crises$zEuropean Union countries 606 $aBanks and Banking$2imf 606 $aFinance: General$2imf 606 $aFinancial Risk Management$2imf 606 $aMoney and Monetary Policy$2imf 606 $aIndustries: Financial Services$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aGeneral Financial Markets: Government Policy and Regulation$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aFinancial Crises$2imf 606 $aBanking$2imf 606 $aEconomic & financial crises & disasters$2imf 606 $aFinance$2imf 606 $aMonetary economics$2imf 606 $aInternational economics$2imf 606 $aFinancial services law & regulation$2imf 606 $aBank resolution framework$2imf 606 $aDeposit insurance$2imf 606 $aFinancial sector stability$2imf 606 $aBank resolution$2imf 606 $aFinancial crises$2imf 606 $aFinancial sector policy and analysis$2imf 606 $aBanks and banking$2imf 606 $aCrisis management$2imf 606 $aFinancial services industry$2imf 606 $aCredit$2imf 606 $aFinancial risk management$2imf 607 $aUnited States$2imf 615 0$aFinance 615 0$aFinancial crises 615 7$aBanks and Banking 615 7$aFinance: General 615 7$aFinancial Risk Management 615 7$aMoney and Monetary Policy 615 7$aIndustries: Financial Services 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aGeneral Financial Markets: Government Policy and Regulation 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aFinancial Crises 615 7$aBanking 615 7$aEconomic & financial crises & disasters 615 7$aFinance 615 7$aMonetary economics 615 7$aInternational economics 615 7$aFinancial services law & regulation 615 7$aBank resolution framework 615 7$aDeposit insurance 615 7$aFinancial sector stability 615 7$aBank resolution 615 7$aFinancial crises 615 7$aFinancial sector policy and analysis 615 7$aBanks and banking 615 7$aCrisis management 615 7$aFinancial services industry 615 7$aCredit 615 7$aFinancial risk management 676 $a332.094 700 $aEnoch$b Charles$0865326 701 $aEveraert$b Luc$01463684 701 $aTressel$b Thierry$01463685 701 $aZhou$b Jianping$01462125 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910790812803321 996 $aFrom Fragmentation to Financial Integration in Europe$93673068 997 $aUNINA