Reviewing regulatory objectives: should the scope of regulation be extended?

Marianne Ojo

MPRA Paper from University Library of Munich, Germany

Abstract: This paper will consider whether the scope of financial regulation should be extended and if so, ways in which this could occur. In order to carry out these tasks, it will not only address problems identified from the recent crises and Basel 2, gaps which exist in some of the responses to these issues, but will also consider what roles other parties such as central banks and external auditors can play in achieving financial objectives. To a certain extent, it will address these issues by making references to proposals which have been put forward from different sources. It will introduce the points of discussion through an overview of global developments which have necessitated the need for a review of financial regulation and through a review of the present regulatory objectives.

Keywords: risk; external; auditor; bank; regulation; financial; objectives (search for similar items in EconPapers)
JEL-codes: K2 (search for similar items in EconPapers)
Date: 2009-06
New Economics Papers: this item is included in nep-acc, nep-law and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:15547

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