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From regulatory capture to regulatory space?

Abstract:

The capture of regulators by industry interests was once viewed as the dominant paradigm for failures of regulation. Recently, the financial crisis has re-awoken interest in ‘regulatory capture’ — a term used by the Governor of the Bank of England Sir Mervyn King, among others.

In this policy brief, Max Watson, a former director of the Central Bank of Ireland and senior official at the IMF, finds that regulators ‘bought into’ market risk assessments far too extensively, and failed t...

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Publication status:
Published
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Division:
SSD
Oxford college:
Wolfson College
Role:
Author
Series:
Foundation for Law, Justice and Society policy briefs
Place of publication:
http://www.fljs.org/content/publications
Publication date:
2013-01-01
Language:
English
Keywords:
Subjects:
UUID:
uuid:6b5d7be9-cb24-43d7-99f9-c8d870177141
Local pid:
ora:6917
Deposit date:
2013-06-20

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