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Re-Design of Financial Supervisory Architecture

Aug. 2009

by Tetsuya Inoue

In the ongoing debate on financial supervision in the US and Europe, attention has focused on reviewing the role of supervisory bodies. But we must not neglect more fundamental issues such as the global lessons of the financial crisis, assessment of the public sector’s response to the crisis, and the ideal relationship between monetary policy and financial supervision. We spoke with Prof. Franklin Allen of the University of Pennsylvania's Wharton School.

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Tetsuya Inoue

Chief Researcher,
Financial Market & Innovation Research Department

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