The Need for Reform of the Australian Financial Regulatory System

UTS Working Paper No. 9

44 Pages Posted: 22 Feb 2006  

Carolyn V. Currie

University of Technology, Sydney - School of Finance and Economics

Date Written: September 1991

Abstract

It is being increasingly acknowledge that the benefits of deregulation of the financial system have failed to materialise, not so much because of flaws in the conduct of banks, but because of failure to adapt and change the overriding regulatory system to meet the challenges of deregulation, internationalisation and globalisation. In this article a four point system of reform is advocated, either on grounds of theoretical validity, or by reference to regulatory proactices in other more advance financial systems.

Suggested Citation

Currie, Carolyn V., The Need for Reform of the Australian Financial Regulatory System (September 1991). UTS Working Paper No. 9. Available at SSRN: https://ssrn.com/abstract=883573 or http://dx.doi.org/10.2139/ssrn.883573

Carolyn V. Currie (Contact Author)

University of Technology, Sydney - School of Finance and Economics ( email )

Haymarket
Sydney, NSW 2007
Australia

HOME PAGE: http://datasearch.uts.edu.au/business/finance/staff/StaffDetails.cfm?UnitStaffId=98

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