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...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/09/5264324/aligning-financial-supervisory-structures-country-needs http://hdl.handle.net/10986/14876 |
| 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. |
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