Prudential Supervisory Arrangements and Financial Crises - A Critique of the European Commission’s Impact Assessment on the Revision of the CRD

This document was commissioned by the European Parliament’s Committee on Economic and Monetary Affairs (ECON). It is a quick critique, conducted over a four week period, of those sections of the European Commission’s Impact Assessment (hereafter “the IA”) on the revisions to the Capital Requirements Directives that relate to home-host issues and crisis management.