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An Alternative Story of the Law and Regulation of Risk Management
Year Of Publication: 2013
Month Of Publication: June
Pages: 71
Download Count: 12
View Count: 1495
Comment Num: 0
Language: English
Source: working paper
Who Can Read: Free
Date: 7-21-2013
Publisher: Administrator
This Article first summarizes what it means to manage risk and then contrasts a traditional story of risk management regulation with an alternative story. The traditional story posits that regulatory interventions are practical, functional responses to threats to the achievement of regulators’ statutory mandates of system-wide financial stability and institution-level safety and soundness. The alternative story acknowledges the empirical fact of risk management as an enhanced regulatory priority, but interrogates its normative assumptions.
Weber, Robert F. Sign in to follow this author
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