European banking integration, ten years after
回顾欧洲银行业整合十年后的进展，指出母国控制需辅以东道国控制、存款保险改革、建立欧洲机构防止银行利用国内租金补贴国际业务，以及应对逃税等四个未决问题。
Abstract Ten years ago, the White Paper on the Completion of the Single Market announced the integration of European banking markets. the purpose of this essay is to identify four public issues that remain to be addressed. Home country control of international banks need to be complemented by host country control. the deposit guarantee schemes should be modified by rendering insured deposits ‘first order claim’. A European authority is needed to ensure that banks do not exploit domestic rents to subsidise international activities. Finally, tax evasion is a fourth issue that remains to be addressed.