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Content archived on 2024-05-30

Financial Services Governance in the European Union

Objective

This project examines the governance of financial services in the European Union (EU). This research is both academically interesting and policy relevant. Academic research has not kept pace with new developments in this field, and interdisciplinary research is very much needed, as financial services governance is at the cross road between politics, economics and law. At the practical level, the financial sector is a core part of national economies and one of the most active areas of EU policy making. Moreover, this research will contribute to informing the public discussion in a policy area that is often perceived as 'technical', which tends to limit the public scrutiny of it. For the purposes of this research, the governance of financial services in the EU includes: i) the institutional framework through which policies are made; ii) regulation, which is comprised of market-making and market-framing measures; and iii) supervision, that is: the monitoring and enforcement of regulation as well as the practical cooperation between supervisory authorities. First, the project will map the complex institutional framework underpinning financial services governance in the EU, explaining how such framework interplays with regulatory and supervisory arrangements in international arenas and in selected countries. Second, through competitive hypotheses testing, the project will analyse the EU policy-making processes in the financial sector: the main policy-makers and stakeholders involved; their resources, relationships and influence on the policy process; and the outcome. Besides contributing to the policy-oriented debate on financial services regulation and supervision in the EU, the ultimate theoretical goal of the research is to devise an integrated analytical framework that by combining various theoretical approaches and identifying their scope conditions could account for financial services governance in the EU, advancing theories of EU policy making.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

ERC-2007-StG
See other projects for this call

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

ERC-SG - ERC Starting Grant

Host institution

THE UNIVERSITY OF SUSSEX
EU contribution
€ 377 464,00
Address
SUSSEX HOUSE FALMER
BN1 9RH Brighton
United Kingdom

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Region
South East (England) Surrey, East and West Sussex Brighton and Hove
Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data

Beneficiaries (1)

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