Creating a European Banking Union: The First Steps to Where
AISSR in SPUI25
As a preeminent expert in the field of financial markets and supervision, Eilís Ferran will disentangle for us the economic, political and legal dimensions, opportunities and threats of the banking union.
Jointly organized by SPUI25 with AISSR and the Jean Monnet Chair for European and Transnational Governance. Chaired by Daniel Mügge; language: English.
After years of crisis and political bargaining, EU leaders have decided in 2012 that banking union shall be the solution to Europe’s travails. The first parts, a single supervisory mechanism, has already been agreed. The two other pillars generate more friction: a collective deposit guarantee scheme and an EU-wide resolution mechanism. No easy solutions are in sight, but there is little time: the whole European project might unravel if the union should prove unable to formulate a common and effective answer to the crisis.
As a preeminent expert in the field of financial markets and supervision, Eilís Ferran will disentangle for us the economic, political and legal dimensions, opportunities and threats of the banking union. What does it imply for sustainable economic recovery and the political legitimacy of the EU and economic governance?
The speakers
- Eilís Ferran is professor in Company & Securities Law at Cambridge University and Keynes Fellow in Financial Economics. She is co-editor of The Regulatory Aftermath of the Global Financial Crisis (Cambridge UP) and has advised the Commons in the British Parliament over the proposed banking union.
- Dirk Schoenmaker is dean of the Duisenberg School of Finance and professor in Finance, Banking and Insurance at the VU Amsterdam. He is a member of the advisory scientific committee of the European Systemic Risk Board of the ECB.
- Henk Nijboer is a member of the lower house of the Dutch parliament for the ruling labour party and responsible for public finances and the financial sector. Previously, he has worked as a policy advisor for the ministry of finance.
- Daniel Mügge is assistant professor at the UvA political science department with a focus on financial regulation and governance. In 2009 his dissertation was awared the Jean Blondel prize for best European political science thesis of the year. He spent the first half of 2012 at the Center for European Studies at Harvard University.