IDEAS home Printed from https://ideas.repec.org/p/fip/fednls/87117.html
   My bibliography  Save this paper

Supervising Large, Complex Financial Institutions: Defining Objectives and Measuring Effectiveness

Author

Listed:
  • Beverly Hirtle
  • David O. Lucca

Abstract

Last month the New York Fed held a conference on supervising large, complex financial institutions. The event featured presentations of empirical and theoretical research by economists here, commentary by academic researchers, and panel discussions with policymakers and senior supervisors. The conference was motivated by the recognition that supervision is distinct from regulation, but that the difference between them is often not well understood. The discussion focused on defining objectives for supervising the large, complex financial companies that figure so prominently in our financial system and ways of measuring how effectively supervision achieves these goals. This post summarizes the key themes from the conference and introduces the more in-depth posts that will follow in this blog series.

Suggested Citation

  • Beverly Hirtle & David O. Lucca, 2016. "Supervising Large, Complex Financial Institutions: Defining Objectives and Measuring Effectiveness," Liberty Street Economics 20160411, Federal Reserve Bank of New York.
  • Handle: RePEc:fip:fednls:87117
    as

    Download full text from publisher

    File URL: https://libertystreeteconomics.newyorkfed.org/2016/04/supervising-large-complex-financial-institutions-defining-objectives-and-measuring-effectiveness.html
    File Function: Full text
    Download Restriction: no

    More about this item

    Keywords

    Bank supervision; bank regulation;

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fednls:87117. 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: (). General contact details of provider: http://edirc.repec.org/data/frbnyus.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.