The formal regulatory approach to banking regulation

Rendon, David Quiroz
June 2001
Journal of International Banking Regulation;Jun2001, Vol. 2 Issue 4, p27
Academic Journal
It is widely recognised that a healthy and sound financial system is a key factor in achieving sustainable development and economic and political stability in both developed and underdeveloped economies. Moreover, there is ample historical evidence that weak financial systems are bound to break down in periods of economic distress, causing severe distress in other economies and heavily damaging otherwise healthy financial systems.


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