Authors: Vincent Bouvatier, Gunther Capelle-blancard, and Anne-Laure Delatte Date: September 2018 Abstract: This paper provides the first quantitative assessment of the contribution of global banks in intermediating tax evasion. Applying gravity equations on a unique regulatory dataset based on comprehensive individual country-by-country reporting from all the Systemically Important Banks the European Union, we find that:[…]
Vincent Bouvatier, Gunther Capelle-Blancard, Anne-Laure Delatte, 11 September 2018 Tax havens are estimated to concentrate 8% of global private financial wealth, reducing annual global tax revenues by about $200 billion. This column uses new country-by-country regulatory data on the foreign commercial presence of EU banks and compares it against gravity model predictions to examine the[…]
A new release of the InterConnectedness Newsletter is available for download. Link: https://bankinglibrary.com/interconnectedness_issues/2018Q4.pdf
Bert Smid, Beau Soederhuizen, Rutger Teulings on 29 August 2018: New VoxEU Column The transition to a banking union for the EMU The transition to a European banking union is not straightforward. A key issue is how to prioritise risk sharing and risk reduction. This column examines three possible approaches, describing the respective transition scenarios[…]