Edited by Donato Masciandaro, Full Professor of Economics and Chair in Economics of Financial Regulation, Bocconi University, Italy

• Contents: Foreword by Charles Goodhart Introduction by Mario Monti Part I: Central Banks and Financial Supervision 1. Central Banks as Monetary Authorities and Financial Stability Alicia García Herrero and Pedro del Río2. The Role of Central Banks in Fostering Financial StabilitySander Oosterloo and Jakob de Haan 3. Central Banks and Single Financial Authorities: Economics, Politics and LawDonato Masciandaro Part II: The Emerging Role of Single Financial Authorities 4. Integrated Agencies and the Role of Central Banks David T. Llewellyn5. United KingdomAndrew Sykes and Terry Allen 6. Austria Andreas Grünbichler7. Denmark Henrik Bjerre-Nielsen8. Sweden Ingrid Bonde9. Norway Bjørn Skogstad Aamo10. Estonia Lelo Liive11. Hungary László Balogh12. Germany Martin Schüler13. The Netherlands Henriëtte Prast and Iman Van Lelyveld14. Ireland Jonathan WestrupPart III: What Role for Central Banks and Single Financial Authorities? 15. The International Network of Financial Authorities Nina Moss16. Central Banks and Financial Authorities in Europe: What Prospects? Dirk Schoenmaker17. The European Central Bank and Financial Supervision Sylvester C.W. Eijffinger18. The Transformation of Financial Regulation and Supervision in the EUKarel Lannoo 19. The Role of the Central Bank in Financial Supervision: The Case of ItalyAlessio De Vincenzo and Paolo Marullo ReedtzIndex

'Everyone involved with financial regulation and supervision should have already read this book which offers not only a thorough overview of where Europe stands but also gives a dynamic approach of how and why Europe has been - and will be - shifting towards a more unified financial authority. . . Masciandaro has edited a Handbook on a very topical subject that will indeed in the near future give rise to many challenging debates in the European Union. The papers gathered offer a complete view of the benefits and drawbacks of the different existing and potential structures of financial regulation and supervision agencies. Including the specific experience of ten countries gives a practical/empirical dimension and reduces the "home bias" knowledge of many economists!'