This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.This paper provides empirical evidence that the quality of regulatory governancegovernance practices adopted by financial system regulators and supervisors-matters for financial system soundness. The paper constructs indices of financial system soundness and regulatory governance, based on country data collected from the Financial Sector Assessment Program (FSAP). Regression results indicate that regulatory governance has a significant influence on financial system soundness, along with variables reflecting macroeconomic conditions, the structure of the banking system, and the quality of political institutions and public sector governance. The results also indicate that good public sector governance amplifies the impact of regulatory governance on financial system soundness. JEL Classification Numbers: 017, P16, G28, G21, D78

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Résumé. Cet article propose une réflexion autour de la création du Bureau des affaires francophones et francophiles de l'Université Simon Fraser, institution dont la mission est de stimuler le rayonnement du français dans un contexte majoritairement anglophone et qui attribue sa réussite aux efforts conjoints des communautés francophone et francophile de la Colombie-Britannique ainsi qu'aux structures gouvernementales provinciales et fédérales. La recherche vise à identifier l'apport de chacun des groupes pour l'aboutissement du projet, en utilisant dans l'explication le modèle de la fenêtre d'opportunité de Kingdon ainsi qu'un corpus constitué de 17 entrevues réalisées avec plusieurs acteurs ayant participé au processus et des documents portant sur la création du programme.Abstract. This article proposes a reflection on the creation of the Bureau des affaires francophones et francophiles from Simon Fraser University. The institution's mission is to foster the influence of French in a predominantly English-Speaking environment. The Bureau attributes its success to the joint efforts of Francophone and Francophile communities from British Columbia and the Provincial and Federal governments. The research aims to identify the contribution of each group to the success of the project. Our article is based on Kingdon's theory of the “window of opportunity” and our findings were as a result of 17 interviews of stakeholders. A comprehensive literature review was also carried out as part of the impaired research.