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Independence, accountability and transparency: are the conventional accountability mechanisms suitable for the European Systemic Risk Board?

Research output: Contribution to journalArticle

Original languageEnglish
Pages (from-to)176-195
JournalInternational Company and Commercial Law Review
Volume28
Issue number5
Accepted/In press17 Dec 2016
Published6 Apr 2017

King's Authors

Abstract

Assesses the principles and concerns that should influence the design of the independence, accountability and transparency mechanisms for macro-prudential supervisors, using the European Systemic Risk Board (ESRB) as an example. Evaluates the operation of the two key mechanisms for the ESRB: European Parliamentary hearings and its annual report. Suggests ways of improving its accountability via its other forms of communication.

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