TY  - UNPD
A1  - Haselmann, Rainer
A1  - Tröger, Tobias
T1  - What are the main differences between the practice of supervising large banks in the UK and in the euro area, and what are the main risks of regulatory divergence?
T2  - SAFE white paper ; No. 86
N2  - This in-depth analysis provides evidence on differences in the practice of supervising large banks in the UK and in the euro area. It identifies the diverging institutional architecture (partially supranationalised vs. national oversight) as a pivotal determinant for a higher effectiveness of supervisory decision making in the UK. The ECB is likely to take a more stringent stance in prudential supervision than UK authorities. The setting of risk weights and the design of macroprudential stress test scenarios document this hypothesis. This document was provided by the Economic Governance Support Unit at the request of the ECON Committee.
This document was requested by the European Parliament's Committee on Economic and Monetary Affairs. It was originally published on the European Parliament’s webpage: www.europarl.europa.eu/RegData/etudes/IDAN/2021/689443/IPOL_IDA(2021)689443_EN.pdf
T3  - SAFE white paper series - 86 [Juli 2021] 
KW  - Bank Supervision
KW  - Economic Governance
KW  - Banking Union
KW  - Brexit
Y1  - 2021
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/57530
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-575305
UR  - https://safe-frankfurt.de/fileadmin/user_upload/editor_common/Policy_Center/SAFE_White_Paper_No_86.pdf
PB  - SAFE
CY  - Frankfurt am Main
ER  -