-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 …

This paper addresses issues in financial sector regulation from two perspectives. First, it reports on the state of …

The G-20 has called for a review of the scope of financial regulation. This call reflects concern that the coverage of … prudential regulation has been too narrow. A discussion of extending the regulatory perimeter should, therefore, weigh carefully … assumptions underlying the existing regulatory model for banks are fatally flawed, or whether better regulation and supervision of …