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Money laundering --- -Terrorism --- -Prevention --- Finance
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Nervous system --- Medical genetics --- Diseases.
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This paper reviews the published work on the governance of regulatory authorities in order to identify the basic governance standards that apply and some of the factors that affect the implementation of good governance. There are four pillars of good regulatory governance: independence, accountability, transparency, and integrity. The regulator should be operationally independent from commercial and political influences in the exercise of its functions and powers. Accountability is the means whereby a regulatory authority is held responsible for the actions it takes. Transparency refers to the publication of relevant information designed to demonstrate consistency and openness. The fourth governance pillar, integrity, refers to the internal processes that the authority adopts to ensure there is discipline and consistency in its operations and to limit the risks of regulatory staff acting in their own self-interest as opposed to that of the authority and the market. These four elements are mutually reinforcing, in that accountability is necessary to provide legitimacy to independence, transparency is necessary to demonstrate that independence does not lead to abuse or improper behavior, and integrity is necessary to provide the discipline to control the exercise of independent powers. Available evidence suggests that independence and accountability are far from being universally applied in practice. The paper concludes with some practical suggestions that experience indicates are likely to enhance the effectiveness of the governance of securities regulators. Good governance of the securities regulator is necessary for effective regulation. It is also of importance in setting an example to encourage good corporate governance in the private sector.
Accountability Standards --- Debt Markets --- Emerging Markets --- Finance and Financial Sector Development --- Financial Supervision --- Governance --- Integrity Standards --- National Governance --- Private Sector Development --- Public Sector Corruption and Anticorruption Measure --- Public Sector Development --- Regulatory Authorities --- Regulatory Governance
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Government - U.S. --- Law, Politics & Government --- State Government - U.S. --- Hawaii --- Politics and government --- Economic policy. --- Social policy. --- Chavaē --- Gavaĭi --- Gavaĭskie Ostrova --- Gavaĭtæ --- H.I. --- HA --- Hahuai --- Hauaiʻi --- Haṿai Inzlen --- Havaiji --- Havajai --- Havajas --- Hawai-shū --- Hawaii Eyaleti --- Hawaii-Inseln --- Hawaii (Kingdom) --- Hawaii (Republic) --- Hawaii (State) --- Hawaii (Ter.) --- Hawaii (Territory) --- Hawaiian Islands --- Hawaiju --- Hawaje --- HI --- Khavai --- Kingdom of Hawaiʻi --- Mokuʻāina o Hawaiʻi --- Republic of Hawaii --- Shtat Havaï --- State of Hawaii --- Territory of Hawaii --- Tlahtohcāyōtl Hahuai --- Xiaweiyi --- Xiaweiyi Zhou --- Χαβάη --- Хаваји --- Хаваи --- Штат Гаваї --- Гавайтæ --- Гавайи --- Гаваї --- האוואי --- הוואי --- ハワイ --- ハワイ州 --- 夏威夷 --- 夏威夷州 --- 하와이 --- 하와이주
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