Abstract
Within weeks of coming to power, on 16 June 2010, the Chancellor of the Exchequer outlined his government’s plans to re-work the architecture of financial regulation at the Mansion House. The plans had two key ingredients: to cleave the Financial Services Authority (FSA) in two — into a microprudential regulator and a conduct-of-business regulator — and the creation of a new body to implement macroprudential policy. In this chapter we review the new institutional landscape of financial stability policy.
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© 2013 Richard Barwell
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Barwell, R. (2013). The Institutions of Macroprudential Policy. In: Macroprudential Policy. Palgrave Macmillan, London. https://doi.org/10.1057/9781137274465_3
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DOI: https://doi.org/10.1057/9781137274465_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-44569-1
Online ISBN: 978-1-137-27446-5
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)