Judgement-Led Regulation: Some-Critical Reflections
Financial Services Authority Conference 'Academic Input for Better Regulation,' January 2012
5 Pages Posted: 8 May 2012
Date Written: January 18, 2012
In 2013 the FSA will be replaced by two new regulators the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). Both of them will have to cooperate and adopt a 'judgement-led' approach to regulation. The aim of this paper is to explore the nature of judgement-led regulation and the grounds behind its adoption and to highlight some issues about it which deserve further consideration.
Keywords: Regulation, financial, reform, FCA, PRA, self-regulation
JEL Classification: K2, G2, L5, G38
Suggested Citation: Suggested Citation