Overview and Structure of Financial Supervision and Regulation in the US
The study distinguishes 'regulation' and 'supervision' in the US and provides a concise overview of the structure of US financial supervision. The US legal system limits financial supervision to financial institutions/ products that investors cannot comprehend on the basis of published financial reports, namely banks. But US supervision has historically overlooked the parent institutions of supervised firms. Moreover, the different legal set-up limits direct comparison of US supervisory arrangements with EU objectives. The study, managed by Policy Department A, on request of the Committee on Economic and Monetary Affairs (ECON) aims at facilitating ECON's understanding of the complex US system of financial supervision.
Étude
Auteur externe
Joseph R. MASON (Louisiana University, USA)
À propos de ce document
Type de publication
Domaine politique
Mot-clé
- Amérique
- assurance
- compagnie d'assurances
- contrôle bancaire
- dépôt bancaire
- FINANCES
- finances publiques et politique budgétaire
- GÉOGRAPHIE
- géographie politique
- géographie économique
- institution financière
- institutions financières et crédit
- libre circulation des capitaux
- marché des capitaux
- marché financier
- règlement financier
- réglementation financière
- États-Unis