Abstract
The public has rarely been as preoccupied with either the financial sector or its supervision as it is today. This chapter examines the extent to which societal attitudes towards and expectations of the financial regulator within the UK have both changed and shaped the conduct and priorities of regulation and with what consequences. Public support, both when things are going well and when firms are in difficulty and failing, is crucial.
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- 1.
YouGov 2012 http://cdn.yougov.com/cumulus_uploads/document/8vud040b3f/YGCambridge-Archives-Economy-160712.pdf. Accessed 19 Sept 2012.
- 2.
The Securities and Investments Board, the Personal Investment Authority, the Investment Management Regulatory Organisation, the Securities and Futures Authority, the Supervision and Surveillance Division of the Bank of England, the Building Societies Commission, the Insurance Directorate of the Department of Trade and Industry, the Friendly Societies Commission, and the Registrar of Friendly Societies.
- 3.
Bank of England, FSA. “Our approach to banking supervision”, 2011, “Our approach to insurance supervision”, 2011, “The PRA’s approach to banking supervision”, 2012, and “The PRA’s approach to banking supervision”, 2012. http://www.fsa.gov.uk/about/what/reg_reform/pra.
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Adams, J. (2013). Supervising in Good Times and Bad: Public Opinion and Consistency of Supervisory Approach. In: Kellermann, A., de Haan, J., de Vries, F. (eds) Financial Supervision in the 21st Century. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-36733-5_7
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DOI: https://doi.org/10.1007/978-3-642-36733-5_7
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