Melbourne Law School, The University of Melbourne. This is an abridged version of the paper prepared for the ASIC/APRA/FICA sponsored conference ‘Financial Regulation: Costs, Benefits and the Process of Regulatory Change’, 19 September 2007, Melbourne. Copies of the longer paper are available at http:www.melbournecentre.com.auFinancial_Regulation_Conference.htm. The financial support of the Australian Securities and Investments Commission for the preparation of the longer paper is gratefully acknowledged.
IMPROVING THE PROCESS OF CHANGE IN AUSTRALIAN FINANCIAL SECTOR REGULATION
Article first published online: 13 APR 2010
2008 The Economic Society of Australia
Economic Papers: A journal of applied economics and policy
Volume 27, Issue S1, pages 6–23, June 2008
How to Cite
HANRAHAN, P. (2008), IMPROVING THE PROCESS OF CHANGE IN AUSTRALIAN FINANCIAL SECTOR REGULATION. Economic Papers: A journal of applied economics and policy, 27: 6–23. doi: 10.1111/j.1759-3441.2008.tb00438.x
- Issue published online: 13 APR 2010
- Article first published online: 13 APR 2010
- Financial regulation;
- Regulatory change;
- Regulatory rhetoric
Various initiatives have recently been proposed for improving the process of regulatory change as it affects the Australian financial sector. This paper argues that, while these initiatives are valuable, we also need to do more to engage with the rhetoric of regulation as part of the formulation, as well as the implementation, of regulatory policy.