24 oct. 2022Can Real Transactions Constitute Market Manipulation?"This article discusses the EFTA Court’s advisory opinion on the issue of whether real transactions, in the sense that they transfer...
21 sept. 2022Regulatory Complexity, Uncertainty, and Systemic Risk: are Regulators Hedgehogs or Foxes?"Rebalancing regulation towards simplicity may produce Pareto-improving solutions, and encourage better decision making by authorities...
17 juin 2022The Next Decade of EU Macroprudential Policy"This paper presents an overview of key proposals formulated by the European Systemic Risk Board (ESRB), the European Banking Authority...
16 juin 2022Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy"Regulators can ... facilitate the reorientation of financial flows necessary for the transition. But their powers should not be...