First proposed in 1994, the Twin Peaks model of financial system regulation employs two specialist peak regulators: one charged with the maintenance of financial system stability, and the other with market conduct and consumer protection. This volume, with contributions from over thirty scholars...

Introduction : the genealogy and topography of Twin Peaks / Andrew Godwin and Andrew Schmulow -- The three episodes of Twin Peaks / Michael W. Taylor -- Reflections on 20 years of regulation under Twin Peaks / Jeffrey Carmichael -- Twin Peaks and central banks : economics, political economy and...

This paper provides an analysis of South Africa's statutory provisions aimed at preventing reckless and predatory lending to consumers. The focus of the paper is on the statutory mechanisms for combatting such lending, including a critique of the success or otherwise of the legislation's...

In November 2017 the Federal government established a Royal Commission in Australia's financial services industry that has become widely known as the Banking Royal Commission. The Commission has, during its hearings and in its recent Interim Report, exposed serious misconduct and poor regulation...

This paper provides a theoretical analysis of the twin peaks method of financial system regulation, with particular reference to the Australian iteration of the model. This includes a description of how twin peaks functions, its historical development, and its strengths and weaknesses. An...

This article examines retail market regulatory reforms currently underway, as part of the implementation of a Twin Peaks regulatory model in South Africa. A brief account is provided of the history of these reforms, followed by an analysis of the normative goals put in place for a new market...

This article provides a description of the four methods of financial system regulation currently in use internationally, with case studies illustrating each system. Analysis is provided of the strengths and weaknesses of each. Research indicates that the “Twin Peaks” system is superior to...