Luxembourg


“EU too soft on Greece’s fiscal discipline”


“EU too soft on Greece’s fiscal discipline”

May 2010

Conversation with Yves Mersch, Governor, Banque centrale du Luxembourg on the EU’s role in the Greek crisis – on Luxembourg as a financial centre – coping with the crisis – balancing supervisory duties between the central bank and the banking regulator


“EU too soft on Greece’s fiscal discipline”


“EU too soft on Greece’s fiscal discipline”

May 2010

(Part 2 of 3) Conversation with Yves Mersch, Governor, Banque centrale du Luxembourg on the EU’s role in the Greek crisis – on what went wrong in the EU monetary policy leading to the Greek crisis – creating crisis resolution regimes


“EU too soft on Greece’s fiscal discipline”


“EU too soft on Greece’s fiscal discipline”

May 2010

(Part 3 of 3) Conversation with Yves Mersch, Governor, Banque centrale du Luxembourg on the EU’s role in the Greek crisis – keeping Luxembourg competitive as an international financial centre – views on a proposed bank tax – barriers for entry for new financial centres in Asia


“Can Clearstream replicate its core businesses in new markets?”


“Can Clearstream replicate its core businesses in new markets?”

November 2009

(Part 1 of 4) Conversation with Jeffrey Tessler, CEO, Clearstream, on replicating core business in other markets – Background of international central securities depositories (ICSDs) – the ICSD duopoly – international vs domestic markets – the case against Clearstream in the EU


“Can Clearstream replicate its core businesses in new markets?”


“Can Clearstream replicate its core businesses in new markets?”

November 2009

(Part 2 of 4) Conversation with Jeffrey Tessler, CEO, Clearstream, on replicating core business in other markets – the competition at stock exchanges – diversification of exchanges – industry-level consolidation – vertical vs horizontal models: vertical won


“Can Clearstream replicate its core businesses in new markets?”


“Can Clearstream replicate its core businesses in new markets?”

November 2009

(Part 3 of 4) Conversation with Jeffrey Tessler, CEO, Clearstream, on replicating core business in other markets – Joint ventures instead of acquisitions for interoperability – keeping local systems but allowing access – regulatory efficiencies provide opportunities for CSDs in Europe


“Can Clearstream replicate its core businesses in new markets?”


“Can Clearstream replicate its core businesses in new markets?”

November 2009

(Part 4 of 4) Conversation with Jeffrey Tessler, CEO, Clearstream, on replicating core business in other markets – interoperability in Asia – ICSD harmonisation – Clearstream in Asia