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Hands-On Experience with Bank Supervision

In: New Regulation of the Financial Industry

Author

Listed:
  • Dimitris N. Chorafas

Abstract

The three most important reasons for effective supervision of financial institutions are assurance of business confidence, protection of the investors and the prevention of a systemic meltdown. That much has been discussed in Chapter 1. Subsequently, Chapter 2 made the point that prudential regulation and supervision must rest on a solid framework; it also explained that because of globalisation and technology, this requires a new financial architecture.

Suggested Citation

  • Dimitris N. Chorafas, 2000. "Hands-On Experience with Bank Supervision," Palgrave Macmillan Books, in: New Regulation of the Financial Industry, chapter 6, pages 93-109, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-333-97743-9_6
    DOI: 10.1057/9780333977439_6
    as

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