REGOLE E SUPERVISIONE DELLE BANCHE: APPROCCIO UNITARIO VS MODELLO PER LIVELLI E IMPLICAZIONI PER LA MORFOLOGIA DEL SISTEMA DELLE BANCHE, EU E US (Rules and supervision of banks: “one-size-fits-all” vs “tiered approach” in the banking industry, EU and US)

This paper analyzes the different processes to regulate the EU and US banking markets in the aftermath of the financial crisis of 2007-2009. The declination of the capital adequacy requirements in Europe shows the difficulties of small banks in complying with the new rules set by the third Basel agreement, even if small banks have a competitive advantage in offering financing to the small enterprises. In conclusion, the Author shows that the EU regulation introduces certain constraints that are not useful to foster financial stability and to level the playing field.