Hands-On Experience with Bank Supervision

Dimitris N. Chorafas

Chapter 6 in New Regulation of the Financial Industry, 2000, pp 93-109 from Palgrave Macmillan

Abstract: Abstract The three most important reasons for effective supervision of financial institutions are assurance of business confidence, protection of the investors and the prevention of a systemic meltdown. That much has been discussed in Chapter 1. Subsequently, Chapter 2 made the point that prudential regulation and supervision must rest on a solid framework; it also explained that because of globalisation and technology, this requires a new financial architecture.

Keywords: Audit Committee; Market Risk; Audit Firm; Inside Trading; Capital Adequacy (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97743-9_6

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DOI: 10.1057/9780333977439_6

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