Kingdom of the Netherlands-Netherlands : Publication of Financial Sector Assessment Program Documentation: Technical Note on Financial Sector Supervision: The Twin Peaks Model.

The global financial crisis has tested the effectiveness of supervision under the 'Twin Peaks' model. The crisis revealed the strengths of the 'Twin International Peaks' model, as decisions were able to be made in a timely manner to contain the crisis, and clear divisions of powe...

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Bibliografski detalji
Autor kompanije: International Monetary Fund
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2011.
Serija:IMF Staff Country Reports; Country Report ; No. 2011/208
Online pristup:Full text available on IMF
Opis
Sažetak:The global financial crisis has tested the effectiveness of supervision under the 'Twin Peaks' model. The crisis revealed the strengths of the 'Twin International Peaks' model, as decisions were able to be made in a timely manner to contain the crisis, and clear divisions of powers and responsibilities were instrumental in ensuring effective coordination between key agencies. However, the crisis also exposed certain areas where improvements could strengthen the 'Twin Peaks' framework. Intensive and well-focused efforts are being made to strengthen the supervisory framework.
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Opis:1 online resource (15 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students