Munich Personal RePEc Archive

Coordination & cooperation in financial regulation: Do regulators comply with banking culture?

Carretta, Alessandro and Farina, Vincenzo and Schwizer, Paola (2006): Coordination & cooperation in financial regulation: Do regulators comply with banking culture?

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Abstract

This paper identifies cultural gaps as a possible stumbling block in the efficient exchange of information and the sharing of problems and goals among regulators and the industry, with respect to the recent innovations introduced in the financial sector, which are orienting the supervisory authorities towards the adoption of new interaction models with the supervised financial intermediares.

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