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What Now?

  • Damir OdakEmail author
Chapter
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Abstract

What is the purpose of the extreme complexity of the banking rules? It creates a smokescreen for loopholes left there for good purposes. To help banks to finance the economy and abundantly shower homeowners and government with almost free financing. The strategy works well. Banking is stable, interest low, inflation almost non-existent. However, the approach is reasonable only if we are confident that no significant systematic event would happen soon. Summarising earlier chapters, this one tries to offer ways forward in the specific EU regulatory environment. It proposes regulatory reset, not as a radical change of the rules, but through adjustment of the parameters in the existing regulation. The purpose is single-minded, an increase in the resilience of the EU financial system.

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Copyright information

© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.ZadarCroatia

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