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.
Studiu
Autor extern
Joseph R. MASON (Louisiana University, USA)
Despre acest document
Tipul publicației
Domeniul tematic
Cuvânt-cheie
- America
- asigurări
- depozit bancar
- FINANŢE
- finanţe publice şi politică bugetară
- GEOGRAFIE
- geografie economică
- geografie politică
- instituţii financiare şi de credit
- instituții financiare
- legislație financiară
- libera circulaţie a capitalului
- piață de capital
- piață financiară
- regulament financiar
- societate de asigurări
- Statele Unite
- supervizarea activității bancare