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Showing 1 through 8 of 8 results

The Accountability of Financial Sector Supervisors: Principles and Practice

by Marc Quintyn Michael W. Taylor Eva Hüpkes

The Accountability of Financial Sector Supervisors: Principles and Practice

Issues in the Unification of Financial Sector Supervision

by Michael W. Taylor Richard K Abrams

A report from the International Monetary Fund.

Regulatory and Supervisory Independence and Financial Stability

by Marc Quintyn Michael W. Taylor

A report from the International Monetary Fund.

Should Financial Sector Regulators Be Independent?

by Marc Quintyn Michael W. Taylor

In nearly every major financial crisis of the past decade-from East Asia to Russia, Turkey, and Latin America-political interference in financial sector regulation helped make a bad situation worse. Political pressures not only weakened financial regulation, but also hindered regulators and supervisors from taking action against troubled banks. This paper investigates why, to fulfill their mandate to preserve financial sector stability, financial sector regulators and supervisors need to be independent-from the financial services industry as well as from the government-as well as accountable.

Showing 1 through 8 of 8 results

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