The Financial Regulatory Excellence Initiative
The Financial Regulatory Excellence Initiative will conduct rigorous and independent assessments of existing and proposed financial sector regulations, identify regulatory effectiveness and gaps, and promote a common understanding of optimal regulation.
To achieve this goal, the Initiative will leverage the reputation of the Institute's Financial Services Research Initiative for high-quality, evidence-based research and work collaboratively with stakeholders, including industry leaders, consumer advocates, and policymakers, to provide a framework that guides the assessment of past and new regulations for the sector. It will prioritize data-driven decision-making to support a regulatory framework that limits market uncertainty through transparency, accountability and responsiveness to the needs of Canadians.
Working Towards Excellence: Advancements for the Financial Regulatory Excellence Initiative
Regulation of financial markets is fundamental for an efficient, resilient and well-functioning financial market. With a comprehensive and structural analytical tool, laying out how financial sector rules and regulations have evolved over time, we can assist regulators develop a modern and efficient regulatory framework. Gherardo Caracciolo, Senior Policy Analyst, explains.