G-30 report emphasises importance of qualitative aspects to supervision
A report by the Group of 30 working group on corporate governance, released on April 16, says new supervisory frameworks for regulating financial institutions should concentrate on qualitative as well as quantitative aspects of regulation.
The report, Towards Effective Governance of Financial Institutions, says that "in the policy-making debate, the qualitative aspect of supervision is sometimes overshadowed by quantitative, rules-based regulatory requirements. Clearly new capital, liquidity
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