International Financial Supervisory Convergence: How Much Should there Be? How Best to Assess the Appropriate Level of Cross Border Supervision and Enforcement?

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International Financial Supervisory Convergence: How Much Should there Be? How Best to Assess the Appropriate Level of Cross Border Supervision and Enforcement?

Taxpayers’ money may not be put at risk again. Financial firms have to be efficiently supervised in order to make the financial sector more resilient against any future market turmoil. Efficient supervision can be achieved only when timely and accurate information is constantly assessed by independent bodies.

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