Lamfalussy process, an approach to the development of financial service industry regulations used by the European Union.
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Baron Alexandre Lamfalussy (born 1929), a European economist and central banker.
Lamfalussy process | Alexandre Lamfalussy | 'Lamfalussy' procedure |
Born in Hungary, Lamfalussy studied at the Catholic University of Leuven and Nuffield College, Oxford, where he received his doctorate in economics.
MiFID is the most significant piece of legislation introduced under the 'Lamfalussy' procedure designed to accelerate the adopting of legislation based on a four-level approach recommended by the Committee of Wise Men chaired by Baron Alexandre Lamfalussy.