Evolving international supervisory architecture: Design, rationale and policy reform

Springer Science and Business Media LLC - Tập 6 - Trang 246-260 - 2005
Saibal Ghosh1
1Department of Economic Analysis and Policy, Reserve Bank of India, Fort, Mumbai, India

Tóm tắt

The evolving transnational supervisory arrangements do not fully address the existing asymmetries in institutional arrangements. Seeking to broad base the unrepresentative arrangements to include the developing countries in the standard setting process and thus enhancing the universality of supervisory standards remains a major challenge.