Financial Supervision in the 21st Century
The financial crisis prompted financial supervisors to take a critical look at their own performance. The "toolkit" available to supervisors is considerably more varied than it was a few years ago. Supervision has become more forward-looking, taking into account also soft controls, such as ‘conduct and culture’, corporate governance, and business models of financial institutions. This collection of essays discusses several significant changes in supervision methods and supervisory organisations and examines what methods contribute to ‘good supervision’ and what can reasonably be expected of supervisors. The authors are experts in the field and most of them are affiliated to organisations responsible for financial supervision.
Focuses on financial supervision, an issue that has received hardly any attention yet in the literature Treats a topic that is of great practical interest and very relevant for financial supervisors Brings together an excellent group of authors who are all active in the policy field