The aim of this article is to investigate different types of supervisory approaches used in a number of financial markets, as well as their relation to market development. The focus is on certain major features of supervisory legislation. The supervisor's mandate, the enforcement arsenal, the...

How to avoid taxpayers paying for bank failures and banking crises? This book provides a proposal and a critique by twelve independent experts. It is addressed particularly to the threat posed in Europe by having large international banks, a history of bailouts and limited means of resolving any...