Aligning Financial Supervisory Structures with Country Needs

Jeffrey Carmichael, Alexander Fleming and David Llewellyn

No 14876 in World Bank Publications - Books from The World Bank Group

Abstract: this book is the result of a World Bank conference on regulatory structure organized to give policymakers an opportunity to reflect on the worldwide trend toward structural change and, in particular, the amalgamation of regulatory agencies. Within this trend, a number of competing models of regulatory structure have emerged, each with its group of proponents. These models range from an institutional structure in which each regulatory agency is assigned to a group of industry participants, through varying degrees of regulatory integration, to a unified structure in which all key regulatory responsibilities are combined within one agency. Rather than highlight one-or more-model as necessarily superior to the others, the conference sought to take an objective and balanced approach to the topic. This objective is reflected in a number of the presentations gathered here, including chapter 2, which, by providing a balanced overview of the alternatives, outlines the spectrum of possibilities and the range of issues that might influence the decision to choose a particular structure in a given situation. The conference was structured around three themes: the choice of an appropriate structure for regulation, problems relating to management of the transition to a new structure, and issues involved in implementing the new regime effectively.

Keywords: Banks; and; Banking; Reform; Finance; and; Financial; Sector; Development-Financial; Intermediation; Environmental; Economics; and; Policies; Administrative; and; Regulatory; Law; Governance-National; Governance (search for similar items in EconPapers)
Date: 2004-09
ISBN: 0-8213-6002-7
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
https://openknowledge.worldbank.org/bitstreams/c41 ... 61fdd4deb32/download (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbpubs:14876

Access Statistics for this book

More books in World Bank Publications - Books from The World Bank Group 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Tal Ayalon ().