32:
901:
755:
Several international or global bodies have financial regulatory authorities as their main membership. Given the variety of supervisory mandates and choices of supervisory architecture, the lists of members of these bodies occasionally overlap. These bodies include:
465:
Some or all of these distinct mandates are often brought together in a single authority. Different jurisdictions have addressed the challenge of organizing financial regulation in multiple ways that have often evolved over time and display significant
474:
a "sectoral" supervisory architecture (sometimes referred to as "institutional" or "functional"), in which different authorities are in charge of different sub-sectors of the financial system such as banking, insurance, and securities
704:
812:
726:
578:
671:
766:
784:
258:
772:
629:
686:
263:
49:
400:
778:
613:
321:
177:
736:
481:
a "twin peaks" architecture in which separate authorities are in charge, respectively, of prudential supervision and of conduct-of-business oversight.
478:
an "integrated" architecture in which a single authority is in charge of all segments of the financial system under all applicable policy frameworks;
20:
938:
760:
549:
Whereas most financial regulatory authorities have a national mandate, there are instances of both subnational and supranational authorities:
693:
621:
96:
609:
68:
682:
393:
268:
75:
115:
664:
82:
594:
660:
372:
53:
64:
957:
386:
341:
604:
Dedicated authorities have also been established for financial enclaves under a special regulatory regime, including the
715:
570:
675:
132:
931:
740:
449:
291:
838:
792:
605:
311:
89:
42:
962:
744:
637:
448:
in financial services, and more generally of enforcing "conduct-of-business" requirements, not to mention
306:
924:
843:
711:
441:
437:
433:
316:
253:
19:
This article is about financial regulatory authorities in general. For the
American organization, see
823:
422:
143:
796:
743:(since 2023) have been granted direct supervisory mandates over limited market segments within the
562:
470:. In general, three types of financial supervisory architecture have been identified by scholars:
445:
205:
187:
162:
574:
215:
136:
879:
649:
352:
828:
590:
429:
357:
337:
296:
225:
157:
598:
467:
230:
182:
167:
791:
Financial regulatory authorities from several jurisdictions are also represented in the
908:
653:
534:
526:
362:
951:
881:
Will China's impending overhaul of its financial regulatory system make a difference?
833:
558:
538:
347:
248:
172:
800:
522:
220:
514:
510:
31:
625:
566:
273:
719:
582:
518:
506:
490:
301:
421:
is a public authority whose role is to ensure the proper implementation of
633:
210:
900:
697:
541:
have more complex supervisory systems that defy simple classification.
367:
645:
554:
502:
486:
696:
as insurance supervisor in the two
African monetary unions and the
617:
586:
530:
498:
494:
887:, Washington DC: Peterson Institute for International Economics
705:
Financial
Markets Authority of the West African Monetary Union
25:
428:
Financial regulatory authorities include those in charge of
865:
The
Cambridge Handbook of Twin Peaks Financial Regulation
813:
List of financial regulatory authorities by jurisdiction
912:
727:
Central
African Financial Market Supervisory Commission
579:
Constituent countries of the
Kingdom of the Netherlands
553:
Subnational authorities are extant most prominently in
485:
As of 2023, examples of sectoral architecture include
672:
Banking
Commission of the West African Monetary Union
767:
569:
respectively, and in autonomous territories such as
785:
259:
List of financial regulatory authorities by country
56:. Unsourced material may be challenged and removed.
773:International Association of Insurance Supervisors
729:as securities commission in the EMCCA (since 2019)
630:Labuan International Business and Financial Centre
517:; and examples of twin-peaks architecture include
878:Martin Chorzempa and Nicolas Véron (March 2023),
863:Andrew Godwin & Andrew Schmulow, ed. (2021).
707:as securities commission in the WAMU (since 1996)
687:Economic and Monetary Community of Central Africa
264:Financial Action Task Force on Money Laundering
497:; examples of integrated architecture include
932:
779:International Association of Deposit Insurers
644:Supranational financial authorities exist in
394:
8:
614:GIFT International Financial Services Centre
322:Systemically important financial institution
178:International Financial Reporting Standards
939:
925:
401:
387:
127:
737:European Securities and Markets Authority
116:Learn how and when to remove this message
855:
444:supervision of financial firms; and of
142:
21:Financial Industry Regulatory Authority
761:Basel Committee on Banking Supervision
694:Regional Insurance Control Commission
622:Astana International Financial Centre
593:(but not, for example, in individual
425:within its scope of responsibility.
7:
897:
895:
610:Dubai International Financial Centre
54:adding citations to reliable sources
907:This finance-related article is a
683:Central African Banking Commission
269:Bank for International Settlements
14:
656:. The main such authorities are:
899:
665:Eastern Caribbean Currency Union
65:"Financial regulatory authority"
30:
595:countries of the United Kingdom
419:financial supervisory authority
41:needs additional citations for
661:Eastern Caribbean Central Bank
415:financial regulatory authority
1:
867:. Cambridge University Press.
718:as supervisor of most of the
685:as banking supervisor in the
674:as banking supervisor in the
663:as banking supervisor in the
561:, at the level of individual
911:. You can help Knowledge by
716:European Banking Supervision
571:British Overseas Territories
751:International organizations
722:banking sector (since 2014)
676:West African Monetary Union
16:Public authority in finance
979:
894:
810:
741:European Banking Authority
450:macroprudential regulation
292:Fractional reserve banking
18:
793:Financial Stability Board
606:Abu Dhabi Global Market
436:, often referred to as
312:Global financial system
745:European Economic Area
735:In addition, both the
638:Qatar Financial Centre
438:securities commissions
307:Money service business
254:Securities commissions
844:Securities commission
839:Anti–money laundering
739:(since 2011) and the
712:European Central Bank
442:anti-money laundering
434:securities regulation
317:Financial integration
958:Financial regulation
824:Financial regulation
807:National authorities
423:financial regulation
163:Capital requirements
152:Types of regulations
144:Financial regulation
50:improve this article
446:consumer protection
243:Regulatory agencies
206:Accounting scandals
188:Reserve requirement
797:finance ministries
787:(IFIAR, est. 2006)
769:(IOSCO, est. 1983)
575:Crown Dependencies
545:Geographical scope
456:Scope of authority
216:Know your customer
137:financial services
920:
919:
781:(IADI, est. 2002)
775:(IAIS, est. 1994)
763:(BCBS, est. 1974)
650:Eastern Caribbean
411:
410:
353:Corporate finance
126:
125:
118:
100:
970:
941:
934:
927:
903:
896:
889:
888:
886:
875:
869:
868:
860:
829:Bank supervision
591:Republika Srpska
461:Functional scope
430:bank supervision
403:
396:
389:
358:Personal finance
338:Financial market
297:Offshore banking
286:Regulatory terms
226:Securities fraud
168:Bank regulations
158:Money Laundering
128:
121:
114:
110:
107:
101:
99:
58:
34:
26:
978:
977:
973:
972:
971:
969:
968:
967:
948:
947:
946:
945:
893:
892:
884:
877:
876:
872:
862:
861:
857:
852:
820:
815:
809:
753:
599:Overseas France
547:
468:path dependence
463:
458:
407:
378:
377:
335:
327:
326:
287:
279:
278:
244:
236:
235:
231:Too big to fail
201:
193:
192:
183:Fund governance
153:
122:
111:
105:
102:
59:
57:
47:
35:
24:
17:
12:
11:
5:
976:
974:
966:
965:
960:
950:
949:
944:
943:
936:
929:
921:
918:
917:
904:
891:
890:
870:
854:
853:
851:
848:
847:
846:
841:
836:
831:
826:
819:
816:
811:Main article:
808:
805:
789:
788:
782:
776:
770:
764:
752:
749:
733:
732:
731:
730:
723:
708:
701:
690:
679:
668:
654:European Union
642:
641:
640:
546:
543:
535:European Union
527:United Kingdom
483:
482:
479:
476:
462:
459:
457:
454:
409:
408:
406:
405:
398:
391:
383:
380:
379:
376:
375:
370:
365:
363:Public finance
360:
355:
350:
336:
334:Related topics
333:
332:
329:
328:
325:
324:
319:
314:
309:
304:
299:
294:
288:
285:
284:
281:
280:
277:
276:
271:
266:
261:
256:
251:
245:
242:
241:
238:
237:
234:
233:
228:
223:
218:
213:
208:
202:
199:
198:
195:
194:
191:
190:
185:
180:
175:
170:
165:
160:
154:
151:
150:
147:
146:
140:
139:
124:
123:
38:
36:
29:
15:
13:
10:
9:
6:
4:
3:
2:
975:
964:
963:Finance stubs
961:
959:
956:
955:
953:
942:
937:
935:
930:
928:
923:
922:
916:
914:
910:
905:
902:
898:
883:
882:
874:
871:
866:
859:
856:
849:
845:
842:
840:
837:
835:
834:Insurance law
832:
830:
827:
825:
822:
821:
817:
814:
806:
804:
802:
801:central banks
798:
794:
786:
783:
780:
777:
774:
771:
768:
765:
762:
759:
758:
757:
750:
748:
746:
742:
738:
728:
724:
721:
717:
713:
709:
706:
702:
699:
695:
691:
688:
684:
680:
677:
673:
669:
666:
662:
658:
657:
655:
651:
647:
643:
639:
635:
631:
627:
623:
619:
615:
611:
607:
603:
602:
600:
596:
592:
588:
584:
580:
576:
572:
568:
564:
560:
559:United States
556:
552:
551:
550:
544:
542:
540:
539:United States
536:
532:
528:
524:
520:
516:
512:
508:
504:
500:
496:
492:
488:
480:
477:
473:
472:
471:
469:
460:
455:
453:
451:
447:
443:
439:
435:
431:
426:
424:
420:
416:
404:
399:
397:
392:
390:
385:
384:
382:
381:
374:
373:List of banks
371:
369:
366:
364:
361:
359:
356:
354:
351:
349:
348:Financial law
346:
345:
343:
339:
331:
330:
323:
320:
318:
315:
313:
310:
308:
305:
303:
300:
298:
295:
293:
290:
289:
283:
282:
275:
272:
270:
267:
265:
262:
260:
257:
255:
252:
250:
249:Central banks
247:
246:
240:
239:
232:
229:
227:
224:
222:
219:
217:
214:
212:
209:
207:
204:
203:
197:
196:
189:
186:
184:
181:
179:
176:
174:
173:Basel accords
171:
169:
166:
164:
161:
159:
156:
155:
149:
148:
145:
141:
138:
134:
130:
129:
120:
117:
109:
106:November 2023
98:
95:
91:
88:
84:
81:
77:
74:
70:
67: –
66:
62:
61:Find sources:
55:
51:
45:
44:
39:This article
37:
33:
28:
27:
22:
913:expanding it
906:
880:
873:
864:
858:
795:, alongside
790:
754:
734:
700:(since 1995)
689:(since 1993)
678:(since 1990)
667:(since 1983)
548:
523:South Africa
484:
464:
427:
418:
414:
412:
342:participants
221:Ponzi scheme
112:
103:
93:
86:
79:
72:
60:
48:Please help
43:verification
40:
515:South Korea
511:Switzerland
952:Categories
652:, and the
636:, and the
626:Kazakhstan
537:, and the
525:, and the
274:World Bank
76:newspapers
720:euro area
589:, or the
583:Hong Kong
563:provinces
519:Australia
507:Singapore
491:Hong Kong
302:Tax haven
818:See also
634:Malaysia
557:and the
475:markets;
211:Bank run
200:Concepts
133:a series
131:Part of
714:within
698:Comoros
368:Banking
340: (
90:scholar
648:, the
646:Africa
628:, the
620:, the
612:, the
608:, the
567:states
555:Canada
533:, the
513:, and
503:Russia
493:, and
487:Brazil
92:
85:
78:
71:
63:
885:(PDF)
850:Notes
618:India
587:Macau
531:China
499:Japan
495:India
440:; of
432:; of
97:JSTOR
83:books
909:stub
799:and
725:the
710:the
703:the
692:the
681:the
670:the
659:the
585:and
573:and
565:and
69:news
632:in
624:in
616:in
597:or
452:.
417:or
135:on
52:by
954::
803:.
747:.
601:)
581:,
577:,
529:.
521:,
509:,
505:,
501:,
489:,
413:A
344:)
940:e
933:t
926:v
915:.
402:e
395:t
388:v
119:)
113:(
108:)
104:(
94:·
87:·
80:·
73:·
46:.
23:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
