Kingdom of the Netherlands-Netherlands : Publication of Financial Sector Assessment Program Documentation: Technical Note on Financial Sector Supervision: The Twin Peaks Model

 
 
Publication Date: July 25, 2011
 
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Summary: The global financial crisis has tested the effectiveness of supervision under the “Twin Peaks” model. The crisis revealed the strengths of the “Twin International Peaks” model, as decisions were able to be made in a timely manner to contain the crisis, and clear divisions of powers and responsibilities were instrumental in ensuring effective coordination between key agencies. However, the crisis also exposed certain areas where improvements could strengthen the “Twin Peaks” framework. Intensive and well-focused efforts are being made to strengthen the supervisory framework.
 
Series: Country Report No. 11/208
Frequency: Biannually
Subject(s): Bank supervision | Financial institutions | Financial sector | Financial Sector Assessment Program | Insurance supervision | Nonbank financial sector | Pension supervision | Netherlands

 
English
Publication Date: July 25, 2011
ISBN/ISSN: 9781462322398/1934-7685 Format: Paper
Stock No: 1NLDEA2011010 Pages: 15
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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