Short selling is a technique that allows profiting from falling stock prices. In the autumn of 2008 several countries implemented a partial or complete ban on short selling.
During the decade preceding the eruption of the financial crisis in August 2007, rating agencies and market participants, gripped by euphoria, systematically underestimated the r
ECMI Chief Officer Karel Lannoo looks at the large differences that remain in the risk management of European banks and in the way bank regulation is implemented.
This Commentary by CEPS Chief Executive Karel Lannoo examines the draft directive issued for consultation by Commissioner Charlie McCreevy in July 2008, which proposes very detai
In spite of the growing importance of commodity derivatives markets in the financial services industry, precious little is known about their impact on commodity spot prices and t
This ECMI Commentary by Piero Cinquegrana considers the phenomenon of the six-fold increase in oil prices over the last seven years and asks whether this massive increase is just
In this commentary, ECMI's Chief Officer Karel Lannoo argues that the problems encountered with the exchange of supervisory information amongst authorities, the delegation of sup
The unfolding crisis in Europe’s financial markets is presenting the EU’s new regulatory and supervisory set-up with its first big test, revealing worrying differences in respons
MiFID portends a true revolution in the European financial landscape for both exchanges and financial services firms.
This regulatory commentary argues that as the EU is bringing more competition in securities markets with the implementation of the MiFID directive, and the adoption by the settle
This regulatory comment by Arman Khatchaturyan argues that EC policy-makers have tried to make equiproportional representation nearly an aphorism tied to corporate egalitarian se
Jean-Pierre Casey argues that UCITS ought to move to a risk-based approach as opposed to relying on the product approach.
