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Coordination and Cooperation in Financial Regulation: Do Regulators Comply with Banking Culture

In: New Drivers of Performance in a Changing Financial World

Author

Listed:
  • Alessandro Carretta
  • Vincenzo Farina
  • Paola Schwizer

Abstract

This chapter 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 intermediaries.

Suggested Citation

  • Alessandro Carretta & Vincenzo Farina & Paola Schwizer, 2009. "Coordination and Cooperation in Financial Regulation: Do Regulators Comply with Banking Culture," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Alessandro Carretta & Franco Fiordelisi & Gianluca Mattarocci (ed.), New Drivers of Performance in a Changing Financial World, chapter 14, pages 250-274, Palgrave Macmillan.
  • Handle: RePEc:pal:pmschp:978-0-230-59481-4_14
    DOI: 10.1057/9780230594814_14
    as

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