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The Macro-Prudential Authority Powers, Scope and Accountability /

Neither the achievement of price stability, via the Monetary Policy Committee (MPC), nor the application of micro-prudential oversight, via the Financial Services Authority (FSA), led to overall financial stability. There is a gap that needs to be filled by a macro-prudential authority (M-PA), the F...

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Main Author: Goodhart, Charles A.E. .
Corporate Author: OECD iLibrary.
Format: Online
Language:English
Published: Paris : OECD Publishing, 2012.
Subjects:
Online Access:Online version
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