The ECB should not monopolise securities settlement
Karel Lannoo
ECMI Papers from Centre for European Policy Studies
Abstract:
This regulatory commentary argues that as the EU is bringing more competition in securities markets with the implementation of the MiFID directive, and the adoption by the settlement industry of a code of conduct, the ECB is going in the other direction with the creation of a monopoly for securities settlement in the EU. Karel Lannoo sketches four reasons why the TARGET 2 initiative shouldn’t be pursued.
Pages: 2 pages
Date: 2007-01
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://www.ceps.eu/system/files/book/1445.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eps:ecmiwp:1280
Access Statistics for this paper
More papers in ECMI Papers from Centre for European Policy Studies Contact information at EDIRC.
Bibliographic data for series maintained by Margarita Minkova (admin@ceps.eu).