TY - ADVS AU - Flannery,Mark J. TI - Market discipline in financial regulation T2 - Effective risk based supervision : how to develop good supervision, PY - 2009/// CY - London PB - Henry Stewart Talks KW - Risk management KW - Supervision N1 - Animated audio-visual presentation with synchronized narration; Title from title frames; Contents: Governments bear some of the risk taken by financial institutions: formally (as in deposit insurance) or informally (as in support provided during a crisis) -- Much of the financial system's regulatory oversight is best viewed as an effort to control this indirect source of risk to the government and its taxpayers -- Traditional supervision relies on inspections by government personnel, who tend to focus on accounting outcomes -- Market investors also evaluate financial firms' activities -- The resulting market prices (of equity, bonds, deposits, etc.) can supplement the government's traditional supervisory techniques, at least under certain circumstances; Access restricted to subscribers UR - https://hstalks.com/bm/1382/ UR - https://hstalks.com/bm/p/461/ ER -