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The European Central Bank and the prudential regulation of the financial system
Author(s) -
Bishop Graham
Publication year - 1998
Publication title -
international journal of finance and economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 39
eISSN - 1099-1158
pISSN - 1076-9307
DOI - 10.1002/(sici)1099-1158(199801)3:1<13::aid-ijfe67>3.0.co;2-w
Subject(s) - financial system , economics , financial regulation , prudential regulation , financial stability , central bank , financial crisis , business , monetary economics , monetary policy , macroeconomics
This paper focuses on a specific aspect of prudential regulation: namely the impact on the stability of the financial system of a deterioration in public finances. This is a separate issue to the need for consumer protection that should be provided by rules for the conduct of business by financial institutions. © 1998 John Wiley & Sons, Ltd.