European Parliament Library

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

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
Table Of Contents
Cover; Contents; Glossary; Executive Summary; I. Background; Table 1. Selected Examples of Objective-Based Supervisions; II. Twin Peaks Model in Practice; III. Twin Peaks Model During the Crisis; IV. Twin Peaks Model Going Forward; V. Conclusions and Recommendations; Box 1. Strengthening Prudential Supervision Under the ""Twin Peaks"" Supervisory Framework: Reforms and Actions
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (16 p.)
Specific Material Designation
Form Of Item

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