Coordination and Cooperation in Financial Regulation: Do Regulators Comply with Banking Culture

Alessandro Carretta (), Vincenzo Farina and Paola Schwizer

Chapter 14 in New Drivers of Performance in a Changing Financial World, 2009, pp 250-274 from Palgrave Macmillan

Abstract: Abstract This chapter identifies cultural gaps as a possible stumbling block in the efficient exchange of information and the sharing of problems and goals among regulators and the industry, with respect to the recent innovations introduced in the financial sector, which are orienting the supervisory authorities towards the adoption of new interaction models with the supervised financial intermediaries.

Keywords: Financial Intermediary; Supervisory Authority; External Auditor; Banking Supervision; Basel Committee (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-59481-4_14

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DOI: 10.1057/9780230594814_14

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