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Cooperative Banks and EU Regulation: A General Assessment

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Contemporary Trends in European Cooperative Banking

Abstract

Effective regulation in banking can be considered as a public good, since it sets out to create positive externalities for a broad spectrum of economic actors, as businesses, families and banks themselves. However, the process of designing such regulation is not a neutral one. This chapter focuses on the new regulatory framework under which cooperative banks in Europe operate. Our argument is that, despite their complexity and a call for proportionality, these rules are not optimal for such banks, whose characteristics and role in the economy are not taken into account. As a result, this framework imposes a heavy burden on them, and may significantly affect their organisation, business model and corporate values, thereby impoverishing the biodiversity of the banking system.

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Author information

Authors and Affiliations

  1. University of Trento, Trento, Italy

    Silvio Goglio

  2. EURICSE, Trento, Italy

    Mitja Stefancic

Authors
  1. Silvio Goglio
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  2. Mitja Stefancic
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Editors and Affiliations

  1. IAE of the University Paris 1 Panthéon-Sorbonne (Sorbonne Business School), Paris, France

    Marco Migliorelli

  2. IAE of the University Paris 1 Panthéon-Sorbonne (Sorbonne Business School), Paris, France

    Eric Lamarque

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Goglio, S., Stefancic, M. (2022). Cooperative Banks and EU Regulation: A General Assessment. In: Migliorelli, M., Lamarque, E. (eds) Contemporary Trends in European Cooperative Banking. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-98194-5_3

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  • DOI: https://doi.org/10.1007/978-3-030-98194-5_3

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-98193-8

  • Online ISBN: 978-3-030-98194-5

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