Abstract
This article considers the role of the European Union in international financial governance after the institutional reforms it undertook in connection with the global financial crisis. It suggests that the new administrative actors that support the governance of the European Union's single financial market, notably the European Supervisory Authorities, have the potential to reshape how the European Union engages with international financial governance. It finds that the European Union’s effectiveness in influencing international financial governance—and the effectiveness of international financial governance more generally—is likely to strengthen as a result.
- Copyright © 2017 by Russell Sage Foundation. All rights reserved. Printed in the United States of America. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Reproduction by the United States Government in whole or in part is permitted for any purpose. An earlier version of this article was presented at a workshop at Michigan Law School on International Financial Regulation on May 15, 2015. I am grateful to participants in the workshop for their valuable comments and to the Russell Sage Foundation referees for their comments on the workshop paper. Direct correspondence to: Niamh Moloney at n.moloney{at}lse.ac.uk, Law Department, London School of Economics and Political Science, Houghton St., London WC2A 2 AE, U.K.
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