01686cas a2200253 a 4500 AALejournalIMF012868 230101c9999 xx r poo 0 0eng d 5.00 USD 9781589063099 1020-5098 BD-DhAAL BD-DhAAL Quintyn, Marc. Should Financial Sector Regulators Be Independent? / Marc Quintyn, Michael Taylor. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (18 pages) Economic Issues <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In nearly every major financial crisis of the past decade-from East Asia to Russia, Turkey, and Latin America-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, to fulfill their mandate to preserve financial sector stability, financial sector regulators and supervisors need to be independent-from the financial services industry as well as from the government-as well as accountable. Mode of access: Internet Taylor, Michael. Economic Issues; Economic Issues ; No. 2004/001 Full text available on IMF http://elibrary.imf.org/view/books/051/06212-9781589063099-en/06212-9781589063099-en-book.xml IMF e-Library