Accountability Arrangements for Financial Sector Regulators

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 regu...

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Bibliographic Details
Main Author: Hüpkes, Eva
Other Authors: Taylor, Michael, Quintyn, Marc
Format: eBook
Language:Arabic
Published: Washington, D.C. International Monetary Fund 2007
Series:Economic Issues
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
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
Physical Description:25 pages
ISBN:9781589065239