Progress and perils along the way to a Banking Union
The recent IMF Euro Area Financial Sector Assessment Program undertook an in-depth, critical examination of euro zone financial sector policies and especially the functioning of the Banking Union. The presentation will start from an overview of the financial strengths and weaknesses of the main euro area banks; suggest where progress has been made in strengthening banking supervision and where hindrances to the effectiveness of the Single Supervisory Mechanism remain; and review the design and functioning of the system for banking crisis preparedness and management. It will be argued that more coherence in the crisis management system is essential for reducing risks and levelling the playing field across the banking union.
Date: 8 November 2018, 17:00 (Thursday, 5th week, Michaelmas 2018)
Venue: St Antony's College - North Site
Venue Details: Seminar Room, European Studies Centre, 70 Woodstock Road, Oxford OX2 6HR
Speaker: Daniel Hardy (IMF)
Organising department: European Studies Centre
Organiser: Julie Adams (St Antony's College, University of Oxford)
Organiser contact email address: julie.adams@sant.ox.ac.uk
Host: Charles Enoch (St Antony's College, Oxford)
Part of: Political Economy of Financial Markets (PEFM)
Booking required?: Not required
Audience: Public
Editor: Julie Adams