The global financial crisis that reached its peak in late 2008 has brought the
importance of financial services regulation and supervision into the spotlight.
This book examines the governance of financial services in the EU, asking who
governs financial services in the EU, how and why, and explaining where the power lies in
the policy-making process. It covers the main financial services: banking, securities,
payments systems, clearing and settlement. Addressing the politics and public policy
aspects of financial market integration, regulation and supervision in the European Union,
this book conducts a theoretically-informed and empirically-grounded analysis of financial
services governance from the establishment of Economic and Monetary Union (1999) and the
launch of the Financial Services Action Plan (1999), to date. It also assesses the EU
responses to the global financial crisis.
Providing a reliable and unique insight into the politics of financial services
regulation in the EU based on an extensive programme of interviews with policy makers and
stakeholders across Europe, the book will be of great topical interest to students and
scholars of European Union studies, political science and political economy.
210 pages, Hardcover