European Shadow Financial Regulatory Committee
Following the example of the U.S. Shadow Financial Regulatory Committee a group of European professors and other independent experts in the fields of banking, finance and the regulation of financial institutions and markets set up the European Shadow Financial Regulatory Committee (ESFRC) in Spring 1998.

Chairman of the Committee is Professor Harald Benink, who is a professor of finance at the Rotterdam School of Management of Erasmus University, Rotterdam, The Netherlands and who is a senior associate to the Financial Markets Group (FMG) of the London School of Economics (LSE).

For contact please send an e-mail to: h.benink@fbk.eur.nl.

Members of the Committee

The ESFRC currently consists of the following 15 members, coming from 11 European countries  and from the United States:

  Harald Benink (Erasmus University, Rotterdam, The Netherlands & FMG/LSE)
  Tom Berglund (Swedish School of Economics and Business Administration, Helsinki, Finland)
  Christian de Boissieu (University of Paris I - Sorbonne, Paris, France)
  Franco Bruni (Bocconi University, Milan, Italy)
  Jordi Canals (IESE, Barcelona, Spain)
  Richard Dale (University of Southampton, United Kingdom)
  Philip Davis (Brunel University, London, United Kingdom & FMG/LSE)
  Hans Geiger (University of Zurich, Switzerland)
  Friedrich Kubler (Johann Wolfgang Goethe University & Clifford Chance, Frankfurt, Germany & University of   Pennsylvania,  Philadelphia, USA)
  Karel Lannoo (Centre for European Policy Studies, Brussels, Belgium)
  Rosa Lastra (University of London, United Kingdom & FMG/LSE)
  Reinhard Schmidt (Johann Wolfgang Goethe University, Frankfurt, Germany)
  Benn Steil (Council on Foreign Relations, New York, USA)
  Niels Thygesen (University of Copenhagen, Denmark)
  Clas Wihlborg (Copenhagen Business School, Denmark & Gothenburg University, Sweden)

The ESFRC issued its most recent statement, "Bank Supervisors' Business: Risk Management or Systemic Stability?", in Basel on May 12th, 2003.

See also:  EU Committee for Banking Supervision

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