Should financial sector regulators be independent?

In: Economic issues 32

Abstract

In nearly every major financial crisis of the past decade-from East Asia to Russia, Turkey, and Latin America-political interference in financial sector regulation helped make a bad situation worse. Political pressures not only weakened financial regulation, but also hindered regulators and supervisors from taking action against troubled banks. This paper investigates why, to fulfill their mandate to preserve financial sector stability, financial sector regulators and supervisors need to be independent-from the financial services industry as well as from the government-as well as accountable

Other Versions:

Book(electronic)#12004

Should financial sector regulators be independent?

In: Economic issues 32

Quintyn, Marc; Taylor, Michael

Quintyn, Marc; Taylor, Michael

Abstract

In nearly every major financial crisis of the past decade-from East Asia to Russia, Turkey, and Latin America-political interference in financial sector regulation helped make a bad situation worse. Political pressures not only weakened financial regulation, but also hindered regulators and supervisors from taking action against troubled banks. This paper investigates why, to fulfill their mandate to preserve financial sector stability, financial sector regulators and supervisors need to be independent-from the financial services industry as well as from the government-as well as accountable

Access (via your institution)

Access options:

The following links lead to the full text from the respective local libraries:

han.med.uni-magdeburg.de/han/ebsco-academic-collection/search.ebscohost.com/login.aspxsearch.ebscohost.com/login.aspx/ < > /login.aspx

Alternatively, you can try to access the desired document yourself via your local library catalog.
If you have access problems, please contact us.

init.form.title.accessOptions

init.form.helpText.accessOptions

Name

Email

Subject

Message

Reference

I consent to my details and data being collected and stored electronically in order to respond to my issue.
You can revoke your consent at any time by email to kontakt@pollux-fid.de.

Submit

Checking availability at your location

This book is also available at your library:

Export

Book(print)#22004

Should financial sector regulators be independent?

In: Economic issues 32

Quintyn, Marc

Quintyn, Marc

Checking availability at your location

This book is also available at your library:

Export