This is not the first international banking crisis the world has seen.
The global financial crisis has put an end to the cosy environment in which the financial industry had operated up to now.
The financial crisis has sharpened the debate on Europe’s back office architecture.
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
Credit ratings are a quasi-public good, and investors and financial markets regulators need an independent assessment of the credit-worthiness of an issuing entity because of inf
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.
The Market in Financial Instruments Directive (MiFID) is nothing short of a revolution.
This paper by Sebasian Lobe and Nils-Christian Schenk provides the first empirical evidence of fairness opinions in Europe.
This paper by Piero Cinquegrana argues that transparency-boosting measures specifically tailored to commodity and commodity derivatives markets are much needed.
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
