We analyze recent trends in, and determinants of, financial supervisory governance. We first calculate levels of supervisory independence and accountability in 55 countries. The econometric analysis of the determinants indicates that the quality of public sector governance plays a decisive role...

Despite its importance, the issue of financial sector regulatory and supervisory independence (RSI) has received only marginal attention in literature and practice. However, experience has demonstrated that improper supervisory arrangements have contributed significantly to the deepening of...

Robust regulators and their political masters : independence and accountability in theory / Marc Quintyn and Michael W. Taylor -- Independence and accountability in supervision : general principles and European setting / Lorenzo Bini Smaghi -- The fear of freedom : politicians and the...