Assessing Theorical and Empirical Aspects of Banking Regulatory and Supervisory Institution

Banking regulatory and supervisory institution (RSI) substantially needs independency from government and related industries. This kind of independency consists of four different dimensions: institutional, regulatory, supervisory and financial independency. Institutional arrangements, dominance of political religion and accountability tools are the sufficient factors to analyze the agency independence problem. So this article is devoted to assess (both theorically and empirically for Iran ) conditions to have a good practice of RSI.

Keywords:

Banking Regulatory and Supervisory Institution (RSI) , Agency Independence Problem , Iranian Banking System.