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Department of Finance

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Prof. Steven Ongena, Dr. Thomas Mosk and co-authors Reint Gropp, Ines Simac and Carlo Wix published a column on "Supranational rules, national discretion: Increasing versus inflating regulatory bank capital" on  – CEPR’s policy portal.

The implementation of supranational regulations at the national level often provides national authorities with substantial room to engage in discretion and forbearance. What you always wanted to here now: