Aligning Financial Supervisory Structures with Country Needs (WBI Learning Resources Series) FROM THE PUBLISHER
"Increasingly, governments have been asking themselves whether their current financial supervisory structure is appropriate for overseeing their quickly evolving financial sectors. Such financial sectors are often characterized by a brisk pace of innovation and by significant institutional changes, including the emergence of conglomerates offering a wide range of financial services. In response to these changes, governments are examining the options for aligning their supervisory agencies with the evolving financial sector." This book adds value by synthesizing the range of views, setting out the frame of reference for assessing possible changes in supervisory structure, and offering a rich set of case studies elaborated by leading practitioners from around the world.
SYNOPSIS
Carmichael (former chairman, Australian Prudential Regulation Authority), Fleming (sector manager, finance and private sector development, World Bank Institute), and Llewellyn (economics, Loughborough U., UK) present a synthesis of the proceedings of a December 2003 World Bank Institute conference with the same title. After dealing with the basic issues of the institutional structure of financial regulation and supervision, case material from Australia, South Africa, and Ireland is considered. Also discussed are transitional issues in emerging markets such as El Salvador and Hungary and the effectiveness of regulatory structures in Estonia and the UK. Annotation ©2004 Book News, Inc., Portland, OR