Aligning Financial Supervisory Structures with Country Needs
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.
| Main Authors: | , , |
|---|---|
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2004-09
|
| Subjects: | FINANCING, REGULATORY FRAMEWORK, FINANCIAL REGULATION, FINANCIAL SYSTEMS, ECONOMY, HAZARDS, CORPORATE GOVERNANCE, FINANCIAL CONGLOMERATES, REGULATIONS, FINANCIAL ENVIRONMENT, LIQUIDITY, FINANCIAL STABILITY, FUNDING ARRANGEMENTS, PLANNING PROCESS, PENSION FUNDS, FINANCIAL SECTOR, INTEGRATION, DEVELOPMENT, SUPERVISION, BUDGETARY AUTNOMY, ACCOUNTABILITY, TRANSPARENCY, BENCHMARKS, LEADERSHIP, METHODOLOGY, STAKEHOLDERS, FINANCIAL SERVICES, |
| Online Access: | http://documents.worldbank.org/curated/en/2004/09/5264324/aligning-financial-supervisory-structures-country-needs https://hdl.handle.net/10986/14876 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | 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. |
|---|