Publication:
Shadow Banking: The Blind Spot in Banking and Capital Markets Reform

dc.affiliation.areaUC3M. Área de Derecho Mercantiles
dc.affiliation.dptoUC3M. Departamento de Derecho Privadoes
dc.contributor.authorRamos Muñoz, David
dc.date.accessioned2017-04-17T13:51:44Z
dc.date.available2017-04-17T13:51:44Z
dc.date.issued2016-03-16
dc.description.abstractShadow banking is the concept used by the Financial Stability Board (FSB) and the European Commission to propose a new bout of regulatory reforms. The problem is less in the concept's negative bias than in its marginalization of the problem. Shadow banking is reflective of major players exploiting existing rules often in collusion with authorities. This should prompt a deeper discussion about the influence of legal institutions in market structures, and the perils of artificial distinctions between 'banking/money markets' and 'capital markets'. Drawing the appropriate lessons is particularly important now that momentous reforms, such as the Banking Union and Capital Markets Union, seem to go back to traditional (and unrealistic) dividing lines.en
dc.format.extent40es
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationEuropean Company and Financial Law Review, v.13, n.1, mar. 2016, pp. 157-196. ISSN (Online) 1613-2556, ISSN (Print) 1613-2548en
dc.identifier.doi10.1515/ecfr-2016-0157
dc.identifier.issn1613-2548
dc.identifier.issn1613-2556
dc.identifier.publicationfirstpage157es
dc.identifier.publicationissue1es
dc.identifier.publicationlastpage196es
dc.identifier.publicationtitleEuropean Company and Financial Law Reviewen
dc.identifier.publicationvolume13es
dc.identifier.urihttps://hdl.handle.net/10016/24487
dc.identifier.uxxiAR/0000018765
dc.language.isoenges
dc.publisherDe Gruyter
dc.relation.publisherversionhttps://doi.org/10.1515/ecfr-2016-0157es
dc.rights©De Gruyter
dc.rights.accessRightsopen access
dc.subject.ecienciaDerechoes
dc.titleShadow Banking: The Blind Spot in Banking and Capital Markets Reformen
dc.typeresearch article*
dc.type.hasVersionVoR*
dspace.entity.typePublication
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
shadow_ramos_ECFR_2016.pdf
Size:
265.79 KB
Format:
Adobe Portable Document Format