Marc Quintyn

TL;DR: In this article, the authors argue that regulatory and supervisory independence is important for financial stability for the same reasons that central bank independence was important for monetary stability, and they lay out four key dimensions of RSI -regulatory, supervisory, institutional and budgetary.

TL;DR: In this article, the authors argue that regulatory and supervisory independence is important for financial stability for the same reasons that central bank independence is crucial for monetary stability, and they lay out four key dimensions of RSI-regulatory, supervisory, institutional budgetary and institutional accountability.

TL;DR: In this paper, the authors present the lessons learned during the Asian crisis and update the IMF's work on the general principles, strategies, and techniques for managing systemic banking crises, focusing on the issues raised in systemic crises, not on the resolution of individual bank problems.

TL;DR: In this article, the authors provide empirical evidence that the quality of regulatory governance practices adopted by financial system regulators and supervisors matters for financial system soundness, and that good public sector governance amplifies the impact of regulatory Governance on financial systems soundness.

TL;DR: In this paper, the authors provide empirical evidence that the quality of regulatory governance-governance practices adopted by financial system regulators and supervisors-matters for financial system soundness, based on country data collected from the Financial Sector Assessment Program (FSAP).