Prudential Regulation

Prudential regulation refers to the setting of standards and supervisory practices designed to minimise the risk of an individual institutional failure and reduce the collateral damage on the financial system as a whole. The Global Financial Crisis demonstrated significant structural flaws in both internal risk management and external supervision. It prompted Lord Turner, the chairman of the Financial Services Authority, to question in an influential report the efficacy of underpinning conceptual frameworks (Turner Review, 2009).  This series maps and tracks the macro-prudential agenda introduced in the aftermath of the GFC, with particular reference to the Basel Committee on Banking Supervision and the impact of this process on national regulatory settings.

Financial Services Authority Consults on Proposed Regulatory Prudent Valuation Return

The Financial Services Authority has released a consultation paper to receive feedback on the proposed format of the "regulatory prudent valuation return", including showing the net and gross balance sheets for a defined list of asset classes, together with the potential downside and upsid
Originally Published: 
Wednesday, December 14, 2011

Speech by Chancellor of the Exchequer on Regulation of the UK Banking and Financial Services Industry

In his speech at the Lord Mayor’s dinner for bankers and merchants of the City of London, the Chancellor of the Exchequer, George Osborne MP, stated that the British economy is concerned with two key issues: (i) what the right culture of regulation is; and (ii) how international rules apply and wher
Originally Published: 
Wednesday, June 15, 2011

Pages

Show all related resources for Prudential Regulation