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

July 25, 2011

Preview Citation

Format: Chicago

Kingdom of the Netherlands-Netherlands: Publication of Financial Sector Assessment Program Documentation: Technical Note on Financial Sector Supervision: The Twin Peaks Model, (USA: International Monetary Fund, 2011) accessed November 23, 2024

Summary

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.

Subject: Banking, Financial crises, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Financial sector stability, Insurance companies, Systemic risk

Keywords: AFM, AFM coordination, Bank, Conduct-of-business supervision, CR, Credibility of DNB, DNB, DNB's market, DNB's role, Financial product, Financial sector stability, Global, Insurance companies, ISCR, Prudential supervision, Rule-making authority, Systemic risk

Publication Details

Pages:

15
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2011/208
Stock No:

1NLDEA2011010
ISBN:

9781462322398
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports