Archive for April 22nd, 2008

Trilemma in financial supervision - Schoenmaker, Oosterloo

Tuesday, April 22nd, 2008

Dirk Schoenmaker and Sander Osterloo from the Dutch Finance Ministry have written an article about Cross-border issues in European financial supervision as part of the book on the Structure of Financial Regulation by David G Mayes and Geoffrey E Wood. At the beginning of their article, they point to the fundamental ...

Role of the Central Bank in Financial Supervision - Article by Goodhard

Tuesday, April 22nd, 2008

Charles Goodhart has written an article called "Financial supervision from an historical perspective" in a book about the "Structure of Financial Regulation" by David Mayed and Geoffrey E Wood. He mostly focuses on the role of the Central Bank in the financial system, and in particular about how the Bank of ...

Mayes, Wood: “The Structure of Financial Regulation”

Tuesday, April 22nd, 2008

David G. Mayes and Geoffrey E. Wood have published a book about "The Structure of Financial Regulation" in 2007 based on a workshop held at the Bank of FInland. The book includes some interesting chapters on: Financial supervision Bank regulation and money laundering Corporate Governance Insolvency Regimes Financial stability and the EMU Cross-Border Payment Systems Securities clearing ...

Intergovernmentalism in Financial Regulation

Tuesday, April 22nd, 2008

Puzzling Complexity The global financial architecture is very complex. Despite increasing liberalization of financial markets, increased system risk and integration of the economies through the financial markets in the last 30 years, there is no single World Financial Authority regulating the financial markets, as Alexander, Eatwell and Dhumale have suggested. Instead what ...