Table of Contents

1: Market-friendly Regulation
2: Licensing Banks
3: Competition in Banking
4: Self vs. Public Discipline
5: Securities and Banking
6: Alternative Regulators
7: Supervision in Euroland
8: Central Banks and Financial Stability
References

About the Author

Tommaso Padoa-Schioppa has been a Member of the Executive Board of the European Central Bank since June 1998. Previously, he has been Director-General for Economic and Financial Affairs at the Commission of European Communities, Brussels, Deputy Director General of the Banca d'Italia, and Chairman of CONSOB (Commissione Nazionale per le Società e la Borsa). He has also held several senior international positions, such as Chairman of the Basel Committee on
Banking Supervision, and is currently the Chairman of the G-10 Committee on Payments and Settlement Systems. He is the author of The Road to Monetary Union in Europe and other books, essays, and articles.