Ebook: Financial Supervision in the 21st Century
- Tags: Financial Economics, Finance/Investment/Banking, Political Economy, European Integration
- Year: 2013
- Publisher: Springer-Verlag Berlin Heidelberg
- Edition: 1
- Language: English
- pdf
The financial crisis prompted financial supervisors to take a critical look at their own performance. The "toolkit" available to supervisors is considerably more varied than it was a few years ago. Supervision has become more forward-looking, taking into account also soft controls, such as ‘conduct and culture’, corporate governance, and business models of financial institutions. This collection of essays discusses several significant changes in supervision methods and supervisory organisations and examines what methods contribute to ‘good supervision’ and what can reasonably be expected of supervisors. The authors are experts in the field and most of them are affiliated to organisations responsible for financial supervision.
The financial crisis prompted financial supervisors to take a critical look at their own performance. Supervision has become more forward-looking, taking into account also soft controls, such as ‘conduct and culture’, corporate governance, and business models of financial institutions. The 'toolkit' available to supervisors is considerably more varied than it was a few years ago. This collection of essays discusses several significant changes in supervision methods and supervisory organisations and examines what methods contribute to ‘good supervision’ and what can reasonably be expected of supervisors. The authors are experts in the field and most of them are affiliated to organisations responsible for financial supervision.
The financial crisis prompted financial supervisors to take a critical look at their own performance. Supervision has become more forward-looking, taking into account also soft controls, such as ‘conduct and culture’, corporate governance, and business models of financial institutions. The 'toolkit' available to supervisors is considerably more varied than it was a few years ago. This collection of essays discusses several significant changes in supervision methods and supervisory organisations and examines what methods contribute to ‘good supervision’ and what can reasonably be expected of supervisors. The authors are experts in the field and most of them are affiliated to organisations responsible for financial supervision.
Content:
Front Matter....Pages i-xxvi
Good Supervision and Its Limits in the Post-Lehman Era....Pages 1-16
Managing the Quality of Financial Supervision....Pages 17-32
The Case for Analytical Supervision: A Swedish Perspective....Pages 33-46
Unintended Consequences of Supervision....Pages 47-72
Influence and Incentives in Financial Institution Supervision....Pages 73-102
Developments in Supervisory Enforcement....Pages 103-110
Supervising in Good Times and Bad: Public Opinion and Consistency of Supervisory Approach....Pages 111-118
Board Evaluations....Pages 119-129
External and Internal Supervision: How to Make It Work?....Pages 131-149
DNB Supervision of Conduct and Culture....Pages 151-164
How Can Principles-Based Regulation Contribute to Good Supervision?....Pages 165-183
Experiences with the Dutch Twin Peaks Model: Lessons for Europe....Pages 185-199
Aligning Macro- and Microprudential Supervision....Pages 201-220
Supervision: Looking Ahead to the Next Decade....Pages 221-232
The financial crisis prompted financial supervisors to take a critical look at their own performance. Supervision has become more forward-looking, taking into account also soft controls, such as ‘conduct and culture’, corporate governance, and business models of financial institutions. The 'toolkit' available to supervisors is considerably more varied than it was a few years ago. This collection of essays discusses several significant changes in supervision methods and supervisory organisations and examines what methods contribute to ‘good supervision’ and what can reasonably be expected of supervisors. The authors are experts in the field and most of them are affiliated to organisations responsible for financial supervision.
Content:
Front Matter....Pages i-xxvi
Good Supervision and Its Limits in the Post-Lehman Era....Pages 1-16
Managing the Quality of Financial Supervision....Pages 17-32
The Case for Analytical Supervision: A Swedish Perspective....Pages 33-46
Unintended Consequences of Supervision....Pages 47-72
Influence and Incentives in Financial Institution Supervision....Pages 73-102
Developments in Supervisory Enforcement....Pages 103-110
Supervising in Good Times and Bad: Public Opinion and Consistency of Supervisory Approach....Pages 111-118
Board Evaluations....Pages 119-129
External and Internal Supervision: How to Make It Work?....Pages 131-149
DNB Supervision of Conduct and Culture....Pages 151-164
How Can Principles-Based Regulation Contribute to Good Supervision?....Pages 165-183
Experiences with the Dutch Twin Peaks Model: Lessons for Europe....Pages 185-199
Aligning Macro- and Microprudential Supervision....Pages 201-220
Supervision: Looking Ahead to the Next Decade....Pages 221-232
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