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Content:
| Research | ||
| Markus Behn, Rainer Haselmann, Paul Wachtel | "The Effect of Pro-Cyclical Capital Regulation on Lending" | |
| Tobias Tröger | "Regulatory Influence on Market Conditions in the Banking Union" | |
| Interview | Alfons Weichenrieder | "Tax Information Agreements Reduce the Shady Parts of Tax Havens’ Business" |
| Policy | Helmut Gründl, Tobias Niedrig | "The Effects of Contingent Convertible (CoCo) Bonds on Insurers' Capital Requirements under Solvency II" |
| Guest Commentary | Andreas Dombret | "Capital Markets Union: The Next Big Step of Financial Integration in Europe" |
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