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The Evolution of Prudential Regulation

In: Non-Knowledge Risk and Bank-Company Management

Author

Listed:
  • Vincenzo Formisano

    (University of Cassino)

Abstract

The Basel Committee on Banking Supervision was established in 1974, under the auspices of the Bank for International Settlements, by the Governors of the Central Banks of the most industrialized countries (G-10), following a default in a German credit institution which had determined negative effects in many countries. This body does not have legislative autonomy in finance and it is not a supranational supervisory authority.

Suggested Citation

  • Vincenzo Formisano, 2016. "The Evolution of Prudential Regulation," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Non-Knowledge Risk and Bank-Company Management, chapter 2, pages 27-49, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-1-137-49713-0_2
    DOI: 10.1057/9781137497130_2
    as

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