Advanced Search
MyIDEAS: Login to save this paper or follow this series

Tools for Regulatory Quality and Financial Sector Regulation: A Cross-Country Perspective

Contents:

Author Info

  • Julia Black
  • Stéphane Jacobzone
Registered author(s):

    Abstract

    This report provides a comparative perspective on the application of quality regulation principles to financial sector regulators, in the US, Canada, Australia, the UK and France. The report compares key provisions of the codes of the Basle Committee and IOSCO, with the OECD's 2005 Guiding Principles for Regulatory Quality and Performance, and the 2009 Policy Framework for Effective and Efficient Financial Regulation (PFEEFR). The report analyses the independence and accountability of the regulators, as well as their powers. The analysis focuses on requirements for ex ante and ex post regulatory impact analyses, including burden reduction; for transparency and communication of decision making, as well as co-ordination and regulatory review; for improving the regulatory system over time and for regulating conflicts of interest. The report finds variation in the formal arrangements, and respective practices. It also finds that the requirements related to better regulation principles are often implemented too late in the decision-making process when regulations are set at the international level.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://dx.doi.org/10.1787/218772641848
    Our checks indicate that this address may not be valid because: 500 Internal Server Error (http://dx.doi.org/10.1787/218772641848 [303 See Other]--> http://www.oecd-ilibrary.org/governance/tools-for-regulatory-quality-and-financial-sector-regulation_218772641848). If this is indeed the case, please notify ()
    Download Restriction: no

    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Working Papers on Public Governance with number 16.

    as in new window
    Length:
    Date of creation: 17 Dec 2009
    Date of revision:
    Handle: RePEc:oec:govaaa:16-en

    Contact details of provider:
    Postal: 2 rue Andre Pascal, 75775 Paris Cedex 16
    Phone: 33-(0)-1-45 24 82 00
    Fax: +33-1-45.24.87.96
    Email:
    Web page: http://www.oecd.org
    More information through EDIRC

    Related research

    Keywords: regulatory reforms; transparency; supervision; financial regulation; oversight; regulation; consultation; better regulation;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:oec:govaaa:16-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.