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Supervision

  • Pierluigi Ciocca

Abstract

Supervision, formerly a one-dimensional activity, is now, in Italy as elsewhere, multifaceted. The system of controls is now articulated and organic, embracing every major segment of the financial industry: banking, securities, insurance and private pension schemes. Companies must obtain authorization to operate in these sectors and submit to supervision of such aspects as stability, transparency and correct conduct. The infrastructure serving the financial industry — markets and payment, clearing and settlement systems — is subject to control. Financial companies are required to comply with the rules of antitrust legislation.

Keywords

Monetary Policy Central Bank Banking Sector Payment System Investment Firm 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Pierluigi Ciocca 2005

Authors and Affiliations

  • Pierluigi Ciocca

There are no affiliations available

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