But it is impossible to create a separate bank supervision entity within the ECB, as has been done in France, for example, with the Prudential Control Authority, or in the UK with the new Prudential Regulatory Authority, which has its own board and accountability arrangements within the Bank of England.

In the UK, a Financial Policy Committee within the Bank of England is to monitor the systemic risk of financial failure, with a Prudential Regulatory Authority supervising systemically important institutions.

The FPC is part of the complex new UK regulatory structure, in which the former Financial Services Authority has been split in two a prudential and business conduct regulator and a new body to monitor financial stability.

A similar change has been introduced in France, where a new Prudential Control Authority has been created.

E management of radioactive sources (Regulatory Authority Information System (RAIS) software)

Regulatory agencies need enforcement authority so that stricter rules can be implemented

To understand the precise problem, you must dip into the latest details of the Prudential Regulatory Authority s capital shortfall exercise with eight major UK banks.

These are the Royal Monetary Authority Act 1982, Financial Institution Act 1992, Foreign Exchange Regulations 1997 and the Prudential Regulations 2002.

c. In Item 15 on matrix p. 15 , China's national nuclear regulatory authority is the China Atomic Energy Authority of China.

In India, the government has announced the establishment of the Financial Stability and Development Council (FSDC) to address inter regulatory coordination issues and provide macro prudential supervision.

There is no central bank in Bermuda instead, the Bermuda Monetary Authority (BMA) is the regulatory authority for banks and trust companies.

any supervisory or regulatory authority of financial institutions in Barbados and the appropriate supervisory or regulatory authority of financial institutions of another country, at the request of that authority, where there is a branch, holding company or affiliate of the licensee operating in that country.

In the United States, for example, there is recognition of the importance of macro prudential regulation, but not of giving this authority to the Federal Reserve. The newly passed US financial reform legislation entrusts macro prudential policy to a new Financial Stability Oversight Council.

In addition, prudential regulations have lagged behind.

For example, Japan s nuclear regulatory authority was not sufficiently independent, and oversight of the plant operator, TEPCO, was weak.

An independent nuclear regulatory authority is in its fifth year of existence to ensure safe operation of nuclear plants.

Without a clear line of authority to the State and without regulatory mechanisms, questions of accountability for offences arose.

The new doctrine is called macro prudential regulation.

Consequently Brussels is no government to be, but a regulatory authority and this often to the benefit of European consumers.

We therefore continue to expect cooperation and assistance from the Agency, particularly in building the capacity of the regulatory authority.

Now that the European Banking Authority has finally issued new prudential rules, they can get about the business of raising the capital they need as a buffer against losses.

Previously autonomous regulatory bodies (such as the competition authority) have been quietly subordinated to the government, with no debate or discussion.

Consistent with UNSCR 1540, states should enact, implement and maintain strong legal, regulatory, and enforcement authority against the proliferation of WMD.

The NSCA established a national nuclear regulatory authority, the Canadian Nuclear Safety Commission (CNSC), for the purpose of administering the Act.

Looking north from the fountain, viewers see some of the tallest buildings in the United States (Aon Center, Two Prudential Plaza, and One Prudential Plaza).

Prudential controls on capital flows make a lot of sense.

A third role for the IMF is macro prudential supervisor.

A similar institutional design could be adopted for prudential policies.

The Prudential Regulations 2002 issued by the Royal Monetary Authority provides a broad framework for quasi judicial responsibilities that financial authorities have to adhere to and comply with at the minimum.

David Cameron s new government in the United Kingdom apparently came to the same conclusion when it announced plans to transfer regulatory authority from the Financial Services Authority (FSA) to the Bank of England.

They are for sale to corporations and individuals who want to offset their emissions for non regulatory purposes, are verified by independent verifiers, but are not certified by a regulatory authority for use as a compliance instrument.

In 2002, under pressure from international bodies, Bahrain implemented its telecommunications law which included the establishment of an independent Telecommunications Regulatory Authority (TRA).

Regulatory issues

Regulatory action

partnership regulatory

Opponents of prudential oversight of systemic risk take two different positions.

The margin for macroeconomic, prudential, and operating error is similarly small.

Irresponsible risk taking and excessive greed outpaced prudential regulation and supervision.

The crisis has underscored the utmost importance of macro prudential regulation.

Finally, in the area of financial sector supervision and regulation, governments should forge ahead on reform of micro prudential (individual entities) and macro prudential (globally and nationally systemic) regulation.

Other regulatory controls

1. Regulatory framework

regulatory government guidance

regulatory voluntary action

The immediate priority for the Authority is the development of a regulatory regime for prospecting and exploration of polymetallic sulphides and cobalt rich ferromanganese crusts.