Bas Redert

Stakeholder involvement in EU financial regulation: a study on the European Supervision Authorities

Antwerp Centre for Institutions and Multilevel Politics (ACIM), University of Antwerp

ESR12 | e-mail | ResearchGate 

PhD project 

During and after the financial crisis in the EU, the European institutions established three supervision authorities (ESAs) to regulate the financial sector and its hazardous behaviour that caused the economic crash of 2008/2009. Previous research, however, shows that the legislative output of these Authorities is relatively industry-friendly, due to the large mobilization of financial sector interest groups. My PhD project aims to map and explain interest group involvement in the ESAs, and the effect it has on legitimacy of the EU.

Supervisor: Peter Bursens, ACIM, University of Antwerp

Co-supervisor: Jarle Trondal, ARENA Centre for European Studies, University of Oslo

Secondment

Kellen, Brussels

Background 

During my studies, I became highly interested in the mobilization and influence of interest groups in the EU. I think it is fascinating to get a glimpse in an area that is often portrayed as shady and devious: the ‘black-box’ of lobbying. When I read about PLATO, and this project in particular, I realized that it would fit me like a glove. Together with the multi-disciplinary and international research community that is PLATO, I am highly motivated to find answers on the salient issue of legitimacy in the EU. Nationality: Dutch.

  • MSc Political Science, University of Antwerp
  • BSc Public Administration and Organizational Sciences, Utrecht University School of Governance (USG)

News

Publications

  • jcms-cover-200 Stakeholder mobilization in financial regulation: a comparison of EU regulatory politics over time

    Bastiaan Redert has published an article in the Journal of Common Market Studies in which he investigates the participation of stakeholders in public consultations of the European Supervisory Authorities.

  • charging-bull-nyc The difficult role of consumer groups in the shaping of financial regulation

    Although European financial regulation directly affects citizens as consumers, it is only to a limited extent exposed to public debate. There has also been widespread criticism that European regulators were too close to the financial sector, both before and after the financial crisis. The EU introduced permanent advisory councils, so-called Stakeholder Groups, to include more diversified societal interests in the shaping of new regulation. Despite these efforts, Bastiaan Redert finds that the instrument largely disadvantaged consumer interests over the financial industry rather than ensuring truly balanced information.

    Post-Crisis Democracy in Europe blog, 20 April 2020

Presentations

Published Oct. 9, 2017 10:14 AM - Last modified Sep. 15, 2020 4:43 PM