Cookies

We use cookies to ensure that we give you the best experience on our website. By continuing to browse this repository, you give consent for essential cookies to be used. You can read more about our Privacy and Cookie Policy.


Durham Research Online
You are in:

Is meta-regulation all it's cracked up to be ? the case of UK financial regulation.

Akinbami, Folarin (2013) 'Is meta-regulation all it's cracked up to be ? the case of UK financial regulation.', Journal of banking regulation., 14 (1). pp. 16-32.

Abstract

One of the key components of regulatory regimes is the approach that the regulator adopts toward the supervision of the regulated. Regulators are therefore always looking for supervisory approaches that can increase compliance, by the regulated, with the requirements of the regulatory regime. Meta-regulation is one approach that has gained popularity in recent years. This article looks closely at the issues that arise when the regulated are closely involved in the regulatory process as a result of the use of meta-regulation. The article argues that the use of meta-regulation in the supervision of regulated firms is not unproblematic. The article uses the failures in UK financial regulation in the run-up to the global financial crisis as case studies to illustrate some of the problems that can arise with the use of meta-regulation, and analyzes some of the proposals for reforming UK financial regulation so as to overcome these problems.

Item Type:Article
Full text:PDF - Accepted Version (706Kb)
Status:Peer-reviewed
Publisher Web site:http://dx.doi.org/10.1057/jbr.2012.7
Publisher statement:This is a post-peer-review pre-copyedit version of an article published in Journal of banking regulation. The definitive publisher-authenticated version Akinbami, Folarin (2013) 'Is meta-regulation all it's cracked up to be ? the case of UK financial regulation.', Journal of banking regulation., 14 . pp. 16-32 is available online at: http://dx.doi.org/10.1057/jbr.2012.7
Record Created:14 Nov 2012 09:50
Last Modified:08 Aug 2013 11:04

Social bookmarking: del.icio.usConnoteaBibSonomyCiteULikeFacebookTwitterExport: EndNote, Zotero | BibTex
Usage statisticsLook up in GoogleScholar | Find in a UK Library