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The paper analyzes the impact of financial regulation during the financial crisis, highlighting its detrimental role and the subsequent calls for stricter rules. It discusses the push for consolidating regulatory bodies within the EU, supported by the European Parliament and Commission, which aims to centralize regulatory powers. The focus is on the political implications of reallocating competences and authority, while questioning the effectiveness of these proposed reforms in preventing future financial crises.
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Centralization of financial regulation, Kai Gehring
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- 2011
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