Unless otherwise defined, an invitation issued by the supervisory authority to those to be supervised – banks, insurance companies – to assist in the development of new prudential regulations. By means of corresponding impact studies, it is achieved that – prudential regulations are practice-oriented and – regulations are also recognized by the parties concerned as meaningful, because ultimately beneficial to their own business interests; in addition, – the supervisory authority saves personnel resources, insofar as the participants from the institutions carry out preliminary work. – See supervisory discussions, capture theory, Lamfalussy process, rulemaker, system conflict, financial market conflict.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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