Finding the right balance between reliance on technical expertise and democratic legitimacy in international financial regulation will be the challenge for the years to come. The European Parliament, which is seeking to bolster its position in the design of Basel standards, might play a role in this endeavour.
28 January 2019
19 December 2016
21 April 2016
The European Union’s banking union is an important step forward on the path of further integration. Without incorporating proper mechanisms of solidarity, however, it risks remaining an incomplete construction.