Economics, Econometrics and Finance
4 years ago

New approach to financial sector supervision ensures independence and accountability

1 view
European Business Law Review
The Accountability of Financial Sector Supervisors – Principles and Practice
Marc Quintyn, Eva Hüpkes, Michael W. Taylor

Paper Summary

Financial sector regulators can be independent and accountable at the same time. This paper explains how accountability can be defined and implemented to support agency independence. Financial supervision requires more complex accountability systems than other areas like monetary policy. Specific arrangements can be put in place to ensure accountability and independence in financial sector supervision. These findings can be applied beyond just financial supervision.

Related papers

Business, Management and Accounting
3 years ago

Corporations Withhold Critical Financial Disclosures, Putting Investors at Risk

Corporate Governance
Gender Equality
Financial Management
3 views
Business, Management and Accounting
4 years ago

Corporations Prioritize Profits Over Social Responsibility, Study Finds

Corporate Governance
Gender Equality
Financial Management
3 views
Business, Management and Accounting
4 years ago

Boosting Audit Quality: Shifting Accountability from Managers to Investors Pays Off

Earnings Management
Economic Behavior
Asset Pricing