EU financial regulatory reform: a status report

In this paper, Nicolas Véron argues that the EU regulatory response to the crisis has been generally slower in the EU than in the United States, for four main reasons: swifter financial crisis management and resolution in the US; structural differences in legislative processes; the EUÂ?s front-loading of institutional reform, most notably the creation of European Supervisory Authorities; and the timetable of renewal of the European Commission in 2009-10. The EU has nevertheless initiated or completed significant regulatory initiatives in terms of banking, market structures, private equity and hedge funds, rating agencies and accounting. However, major further challenges loom.

The East Midlands: economy a joint response to changing economic circumstances

This document provides an assessment of the regional economy as the UK entered recession in 2008 and sets out how emda, local agencies and Government would work together to tackle the challenges posed by the recession

THE ESSENCE AND ROLE OF REGULATORY REFORM

This paper presents the essence and the role of regulatory reform in the processof regulations in economy doing by government. The article analyses the theoretical aspectsaccording to the stages of regulatory reform, such as: deregulation, regulatory qualityimprovement, regulatory management. Regulatory reform can help address regulatorydeficiencies that negatively affect the overall competitiveness of firm on the national orinternational place. We consider, that the complex approach of the regulatory reform process,with the involvement of public authorities and the representatives of the private sector, willcontribute substantially at the reduction of the barriers in the lasting development and willcreate real premises of the economic increase of the country.regulatory reform, stages of regulatory reform, deregulation, quality of regulations,principles of regulation, regulatory management.

ENVIRONMENTAL REGULATORY REFORM: DISCUSSION

Environmental Economics and Policy,

ENVIRONMENTAL REGULATORY REFORM: DISCUSSION

Environmental Economics and Policy,

Regulatory reform : integrating paradigms

The Subprime crisis largely resulted from failures to internalize systemic risk evenly across financial intermediaries and recognize the implications of Knightian uncertainty and mood swings. A successful reform of prudential regulation will need to integrate more harmoniously the three paradigms of moral hazard, externalities, and uncertainty. This is a tall order because each paradigm leads to different and often inconsistent regulatory implications. Moreover, efforts to address the central problem under one paradigm can make the problems under the others worse. To avoid regulatory arbitrage and ensure that externalities are uniformly internalized, all prudentially regulated intermediaries should be subjected to the same capital adequacy requirements, and unregulated intermediaries should be financed only by regulated intermediaries. Reflecting the importance of uncertainty, the new regulatory architecture will also need to rely less on markets and more on"holistic"supervision, and incorporate countercyclical norms that can be adjusted in light of changing circumstances.Debt Markets,Banks&Banking Reform,Emerging Markets,Labor Policies,Financial Intermediation

Assessing Regulatory Impact Analyses: The Failure of Agencies to Comply With Executive Order 12,866

None.Environment, Health and Safety, Regulatory Reform

Litigating Lead-Based Paint Hazards: Is It a Solution?

None.Environment, Health and Safety, Regulatory Reform