TY  - Working paper
AU  - Andy Schmulow



PY  - 2015
T1  -  Twin Peaks: A Theoretical Analysis
PB  - Centre for International Finance and Regulation


DO  - https://doi.org/APO-67376
UR  - https://apo.org.au/node/67376

AB  - This paper provides a theoretical analysis of the twin peaks method of financial system regulation, with particular reference to the Australian iteration of the model. This includes a description of how twin peaks functions, its historical development, and its strengths and weaknesses. An analysis is also provided of an important bifurcation in the Australian model, as it as has been emulated elsewhere in the world, namely the jurisdictional location of the bank regulator.
ER  -