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What Prudential Surveillance for the Financial Services Industry?

Dominique Plihon

Revue d'Économie Financière, 2000, vol. 60, issue 5, 17-31

Abstract: [eng] This article deals with two sets of questions : what should be the fundamental principles of prudential regulation ? And : is there an optimal form of prudential regulation ? What should be the role of central banks ? Should there be one and only institution (as in UK with the FSA) ? The answer depends on the way you consider markets : if there is indeed imperfection, public regulation should be important. . JEL Classifications : G18, G20

Date: 2000
Note: DOI:10.3406/ecofi.2000.4502
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