Jump to ContentJump to Main Navigation
The Political Economy of European Banking Union$
Users without a subscription are not able to see the full content.

David Howarth and Lucia Quaglia

Print publication date: 2016

Print ISBN-13: 9780198727927

Published to Oxford Scholarship Online: October 2016

DOI: 10.1093/acprof:oso/9780198727927.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 25 March 2019

Banking Regulation and the Single Rulebook

Banking Regulation and the Single Rulebook

(p.180) 9 Banking Regulation and the Single Rulebook
The Political Economy of European Banking Union

David Howarth

Lucia Quaglia

Oxford University Press

This chapter discusses the ‘regulatory’ element of Banking Union—namely, the single rulebook in banking. The chapter first discusses the main preferences of EU member states in the negotiations on the Basel III accord, which set new capital and liquidity rules for internationally active banks. It then examines the transposition of Basel III into the EU’s Capital Requirements Directive (CRD IV), arguing that some of the compromises on the definition of capital, the leverage ratio, and liquidity rules reached in the Basel III negotiations were reopened in the EU negotiations. Finally, it examines the recent EU legislation on bank structural reform. It is argued that member state government preferences on EU and national banking regulation and supervision continue to reflect significantly the configuration of national banking systems.

Keywords:   Banking regulation, banking legislation, Basel III, capital requirements directive, CRD, banking systems

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .