
Measuring the Quality of the Relationship Between Supervisory Authorities and Banks - Implications of an Assessment of the German Banking Sector
The globe is still far away from a consistent implementation of a fully-fledged harmonized banking regulatory framework. The reason for this heterogeneity mainly results from (a) historically grown and hence different country-specific traditions in banking regulation and supervision, (b) different national emphasis of regulatory sub-goals such as efficiency or the protection and promotion of…
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