December 16, 2013
Your Peer Review As Financial Regulation Case Study
Posted by David Zaring

Last week, the Basel Committee enforced the way it does best - through peer review.  Indeed, that's about the only sort of enforcement it has, given that there is no international tribunal around to help it out, like the WTO AB, and it expressly declaims legal status.  So how come the world's banks all follow Basel?  You can check out its review of Brazil's financial regulators to see why.

Finance, Financial Institutions | Bookmark

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