Accountability Arrangements for Financial Sector Regulators

By Eva H. G. Hüpkes, Michael W Taylor, Marc G Quintyn

March 14, 2006

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Format: Chicago

Eva H. G. Hüpkes, Michael W Taylor, and Marc G Quintyn. Accountability Arrangements for Financial Sector Regulators, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Also available in: العربية, español, français, русский, 中文

Summary

Policymakers are often reluctant to grant independence to the agencies that regulate and supervise the financial sector because of the fear that these agencies, with their wide-ranging responsibilities and powers, could become a law unto themselves. This pamphlet describes mechanisms for making regulatory agencies accountable not only to the government but also to the industry they supervise and the public at large, with examples from a range of countries.

Subject: Bank supervision, Banking, Financial regulation and supervision, Financial sector policy and analysis, Financial sector stability, Financial services, Financial stability assessment

Keywords: Agency independence, Bank supervision, Committee, EI, Executive branch, Financial sector stability, Financial stability assessment, Global, Independence, Minister of finance, Oversight authority, Prime minister, RSA, RSA independence, RSAS' mandate

Publication Details

Pages:

27
Volume:

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DOI:

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Issue:

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Series:

Economic Issues No. 2006/003
Stock No:

EIIEA039
ISBN:

9781589064775
ISSN:

1020-5098

Notes

Also available in Arabic, Chinese, French, Russian, and Spanish.

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