The Cambridge Handbook of Twin Peaks Financial Regulation

The Twin Peaks model of financial system regulation is analyzed in this book,with contributions from over thirty scholars and senior regulators. It provides an in-depth analysis of the similarities and differences in the Twin Peaks regimes adopted around the world,and offers a comparative look at the potential suitability of the model in leading non-Twin Peaks countries.

Format: Paperback / softback
Length: 385 pages
Publication date: 22 June 2023
Publisher: Cambridge University Press

The Twin Peaks model of financial system regulation, first proposed in 1994, is a framework that employs two specialized regulators: one responsible for maintaining financial system stability, and the other for overseeing market conduct and consumer protection. This comprehensive volume, featuring contributions from over thirty esteemed scholars and senior regulators, delves into an in-depth analysis of the various Twin Peaks regimes adopted across the globe. Chapters explore the strengths and weaknesses of the model, draw valuable lessons from Australia, the pioneering nation in adopting this approach, and offer a comparative examination of its potential suitability in leading non-Twin Peaks jurisdictions. Serving as a vital resource for central bankers, public policy analysts, lawyers, economists, politicians, academics, and students, this work offers a comprehensive understanding of the Twin Peaks model and provides a roadmap for countries considering its adoption.

The Twin Peaks model of financial system regulation, first proposed in 1994, is a framework that employs two specialized regulators: one responsible for maintaining financial system stability, and the other for overseeing market conduct and consumer protection. This comprehensive volume, featuring contributions from over thirty esteemed scholars and senior regulators, delves into an in-depth analysis of the various Twin Peaks regimes adopted across the globe. Chapters explore the strengths and weaknesses of the model, draw valuable lessons from Australia, the pioneering nation in adopting this approach, and offer a comparative examination of its potential suitability in leading non-Twin Peaks jurisdictions. Serving as a vital resource for central bankers, public policy analysts, lawyers, economists, politicians, academics, and students, this work offers a comprehensive understanding of the Twin Peaks model and provides a roadmap for countries considering its adoption.

The Twin Peaks model of financial system regulation, first proposed in 1994, is a framework that employs two specialized regulators: one responsible for maintaining financial system stability, and the other for overseeing market conduct and consumer protection. This comprehensive volume, featuring contributions from over thirty esteemed scholars and senior regulators, delves into an in-depth analysis of the various Twin Peaks regimes adopted across the globe. Chapters explore the strengths and weaknesses of the model, draw valuable lessons from Australia, the pioneering nation in adopting this approach, and offer a comparative examination of its potential suitability in leading non-Twin Peaks jurisdictions. Serving as a vital resource for central bankers, public policy analysts, lawyers, economists, politicians, academics, and students, this work offers a comprehensive understanding of the Twin Peaks model and provides a roadmap for countries considering its adoption.

ISBN-13: 9781009295680