That would be very difficult to manage without some form of capital account regulation.

When dealing with surges of potentially destabilizing capital inflows, capital controls are a no no, but something called prudential regulation is quite okay.

Finally, any regulation in this area should recognize that capital account convertibility is not obligatory for the IMF s clients.

Participant at a seminar on Capital Markets Development and Regulation at the International Law Institute (ILI), Washington, D.C., United States of America.

A fashionable approach was known as twin peaks, whereby one regulator handled prudential regulation setting capital requirements while another oversaw adherence to business rules.

On the contrary, we should have learned from the crisis that financial markets need regulation, and that cross border capital flows are particularly dangerous.

Once again, governments are using subsidies, mandates, regulation, and capital investment to pick industrial winners and losers, rather than using a broad, even handed approach.

Thus, the IMF s recommendation to use capital controls only after exhausting interest rate adjustment, reserve accumulation, and prudential regulation is out of step with the profession.

The first is re regulation of advanced countries financial systems with a view to ensuring greater stability without impairing essential functions or unnecessarily elevating the cost of capital.

They occurred because regulation of banks and controls on capital movements were lifted they were shorter than in the 1930 s because the policy responses were not idiotic.

Haldane rightly complained that banking regulation has evolved from a small number of very specific guidelines to mind numbingly complicated statistical algorithms for measuring risk and capital adequacy.

In accordance with financial regulation 5.4(a), the Committee should recommend to the Board the amount and purposes of the Working Capital Fund for the biennium 2006 2007.

Regulation 10.2

Domestic regulation

Legal regulation

Regulation 5.1

Regulation 5.2

Regulation 5.3

Regulation 11.1

Regulation 11.2

Regulation 1.2

The eurozone needs a banking union a European deposit insurance scheme in order to stem capital flight, a European source for financing bank recapitalization, and eurozone wide supervision and regulation.

The Administration informed the Board, in line with regulation 5.11, that no ex gratia payments had been charged against the capital master plan fund during the year ended 31 December 2004.

Since there are advantages in combining economic regulation with technical regulation, economic regulation should probably not be organized as a stand alone function.

Regulation 6.10 (a)

Regulation 6.10 (b)

With 20 20 hindsight, it is clear that in 1997 98, weak bank regulation and corporate governance aggravated the depth of the economic contraction that followed the sudden stop of capital flows.

Government stabilization of the banking system can either be international, provoking complaints by outraged taxpayers about subsidizing others, or national, but only at the cost of greatly extended regulation of capital movements.

While regulation and restrictions may hamper small business, not all regulation and restrictions are useless.

Appropriate regulation including regulation of rating agencies would most likely make traditional banks popular again.

China s Malfunctioning Financial Regulation

In Regulation We Trust?

9 Financial Regulation 14.1.

The regulation of prisons

The key is to reflect on six kinds of capital goods business capital, infrastructure, human capital, intellectual capital, natural capital, and social capital.

Faster Growth Through Stronger Regulation

But regulation could change that.

Financial Re Regulation and Democracy

Is Regulation Really for Sale?

This area requires urgent regulation.

Regional ICT Policy and Regulation

Regulation of non profit organizations

Regulation 14.2 (separation of duties)

But, like financial regulation, nuclear regulation in the EU, even with its Euratom treaty, is still essentially national.

Too much global political capital nowadays is wasted on harmonizing beggar thyself policies (particularly in the areas of trade and financial regulation), and not enough is spent on beggar thy neighbor policies (such as macroeconomic imbalances).