Risk and Regulation in Euro Area Banks : Completing the Banking Union

Analyses the legislative proposal made by the European Commission in November 2015 for introducing a European Deposit Insurance Scheme (EDIS). Investigates the system of calculating risk-based contributions to deposit insurance schemes currently in use in the Italian banking system and compares this to the system promoted by the European Banking Authority. Assesses whether concerns raised by some member states on the burden of risk sharing and on moral hazard at the prospect of introducing EDIS are justified.