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What Directions from Wallis?
Author(s) -
Hogan Warren
Publication year - 1997
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.1997.tb00034.x
Subject(s) - accounting , business , regulator , financial system , relaxation (psychology) , economics , monetary economics , psychology , biochemistry , chemistry , gene , social psychology
Pressed for time, the Wallis inquiry may not have been able to consider fully the implications of proposed changes to Australia's system of financial supervision and regulation. Experience in this and other economies provides little evidence of the benefits in proposals such as the creation of a single prudential regulator or the relaxation of bank merger restrictions.