Financial Centres in Europe: A New Positioning in the Post-crisis Global Financial Market

RYM AYADI is Senior Research Fellow and Head of Research of the Financial Institutions, Prudential Policy and Tax Unit at the Centre for European Policy Studies. She is Director of MEDPRO, a 3 Million Euro EU-funded project for prospective analysis in the Mediterranean. Dr. Ayadi has more than 12 years of expertise in financial markets, regulation and supervision, crisis management, competition and enterprise and consumer policies, risk management, financial consolidation & efficiency, regulatory impact assessment in financial services, financial services provision and financial inclusion, financial integration, retail financial services and payment systems in Europe and off-shore financial centers. Previously, she lectured international financial institutions and markets, and financial and risk analysis at Post-graduate level at the International Business School on the Isle of Man. Prior to that, she worked as an economist at the French banking association and at the European Commission in Directorate General Economics and Financial Affairs and lectured industrial economics and game theory at the University of Lille II and at the University Paris Dauphine. EMRAH ARBAK is a researcher at CEPS, chiefly specializing in financial regulation, taxation, and corporate governance issues. Dr. Arbak previously worked as an economics and finance consultant for the Corporate and Public Strategy Advisory Group (CPS), also located in Brussels. Between 2004 and 2006, he was a postdoctoral researcher at the French research agency, Centre National de la Recherche Scientifique (CNRS). Prior to this academic position, he worked as a senior research aide at the Fiscal Affairs Program of the Rockefeller Institute of Government, in New York, USA and taught undergraduate level course at the State University of New York at Albany, USA. Dr. Arbak holds a PhD degree in Economics from State University of New York at Albany, which he received in 2004. He speaks Turkish, English, and French.