Nicolas Véron

Supervisory Colleges

In this column published in La Tribune, I argue that 'supervisory colleges', a much-discussed concept these days in Europe, are unlikely to deliver better supervision of cross-border financial firms.

Download Tribune_081126_en to read the piece in English, and Download Tribune_081126 as originally published in French.

Safe and Sound: Bruegel Policy Brief on Sovereign Investment

Bruegel today released 'Safe and Sound: An EU Approach to Sovereign Investment', a new policy brief I co-authored with Lars-Hendrik Röller. In this piece, we take a broad look at the debate over economic nationalism, sovereign wealth funds and the security risks that may arise from foreign acquisitions.

We conclude that it is time for the EU to envisage what the US did with the Exon-Florio amendement twenty years ago, i.e. building a common legislative framework for the review of foreign investment from a national security viewpoint - even if the security assessments and corresponding decisions on individual foreign acquisition cases should for the time being remain in the hands of member states.

Download BruegelPolicyBrief_071108.pdf if you cannot access the document with the above link.