Around the same time, in the mid-1990’s, academics began to publish papers suggesting that the only effective way to regulate modern banks was a form of self-regulation. Let banks design their own risk management systems, audit them to the limited extent possible, and then severely punish them if they produce a loss outside agreed parameters.
大约与此同时，即20世纪90年代中期，学术界开始发表认为现代银行业唯一有效的监管方式是某种形式的自我监管的论文。让银行自己设计自己的风险管理体系并予以有限程度的审计，然后损失超过议定参数时予以严厉惩罚。