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Agencies in European Banking: Establishing the Theoretical Framework

  • Marta Božina Beroš
Chapter
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)

Abstract

This chapter details the progress of agencification within the European financial and banking sector. It explains how agencies have come to replace pre-existent regulatory entities (networks and committees) within a policy field otherwise resilient to centralization and further delegation of powers to the EU level. It then proceeds to explore the multi-level character of agency governance, through the lens of political economy and bureaucratic politics. By employing a “bottom up” approach the chapter attempts to explain the background to National Competent Authorities’ diverging policy preferences, as well as various modes of coordination.

Keywords

Agencification Multi-level governance Preferences Coordination National actors 

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Authors and Affiliations

  • Marta Božina Beroš
    • 1
  1. 1.Juraj Dobrila University of PulaPulaCroatia

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