Year: 2017
Author: Schackmann-Fallis, Karl-Peter, Scheffler, Sonja
Vierteljahrshefte zur Wirtschaftsforschung, Vol. 86 (2017), Iss. 1 : pp. 69–79
Abstract
The European Commission's current initiative to commence consultations on the action plan to build a Capital Markets Union is to be welcomed. The objective must be to create a stable and sustainable financial system, providing all households and companies with appropriate access to financial services. Measures implemented in connection with the aspired-to Capital Markets Union must in no way weaken the classic bank loan and bypass the needs of companies. What is important in the first instance is a critical review of existing financial market regulation. The objective should be an integrated regulatory framework, avoiding regulatory duplication and inconsistencies, while taking account of cross-references to the respective regulations.
Journal Article Details
Publisher Name: Global Science Press
Language: English
DOI: https://doi.org/10.3790/vjh.86.1.69
Vierteljahrshefte zur Wirtschaftsforschung, Vol. 86 (2017), Iss. 1 : pp. 69–79
Published online: 2017-03
AMS Subject Headings: Duncker & Humblot, Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 11
Keywords: Bank-based system market-based system proportionality bank lending capital market corporate financing decentralized financial institutions economic development financial industry financial market regulation household saving D14 D16 G2 G3 R51
Author Details
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Geld verändert die Welt
Rickes, Reinhold
Vierteljahrshefte zur Wirtschaftsforschung, Vol. 87 (2018), Iss. 3 P.65
https://doi.org/10.3790/vjh.87.3.65 [Citations: 0]