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Regulatory capture in banking /

Banks will want to influence the bank regulator to favor their interests, and they typically have the means to do so. It is shown that such "regulatory capture" in banking does not imply ineffectual regulation; a "captured" regulator may impose very tight, costly prudential requi...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Hardy, Daniel C. L. (Autor)
Autor Corporativo: International Monetary Fund. Monetary and Financial Systems Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Monetary and Financial Systems Dept., ©2006.
Colección:IMF working paper ; WP/06/34.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Hardy, Daniel C. L.,  |e author. 
245 1 0 |a Regulatory capture in banking /  |c prepared by Daniel C. Hardy. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, Monetary and Financial Systems Dept.,  |c ©2006. 
300 |a 1 online resource (23 pages) :  |b illustrations 
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490 1 |a IMF working paper ;  |v WP/06/34 
504 |a Includes bibliographical references (pages 22-23). 
520 |a Banks will want to influence the bank regulator to favor their interests, and they typically have the means to do so. It is shown that such "regulatory capture" in banking does not imply ineffectual regulation; a "captured" regulator may impose very tight, costly prudential requirements to reduce negative spillovers of risk-taking by weaker banks. In these circumstances, differences in the regulatory regime across jurisdictions may persist because each adapts its regulations to suit its dominant incumbent institutions 
588 0 |a Print version record. 
505 0 |a Contents -- I. INTRODUCTION -- II. SUSCEPTIBILITY OF BANKING REGULATION TO CAPTURE -- III. A MODEL OF BANK REGULATION WITH MORAL HAZARD -- IV. COMPETITION BETWEEN JURISDICTIONS -- V. CONCLUSIONS -- REFERENCES 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Banks and banking  |x State supervision. 
650 0 |a Financial institutions  |x State supervision. 
650 6 |a Banques  |x Contrôle de l'État. 
650 6 |a Institutions financières  |x Contrôle de l'État. 
650 7 |a Banks and banking  |x State supervision  |2 fast 
650 7 |a Financial institutions  |x State supervision  |2 fast 
710 2 |a International Monetary Fund.  |b Monetary and Financial Systems Department. 
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830 0 |a IMF working paper ;  |v WP/06/34. 
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