Twin Peaks approach
n.— «It was influenced by what is known in regulatory circles as the Twin Peaks approach, used in Australia and the Netherlands. The idea is to create two financial regulators that are given separate responsibilities not based on financial firms’ lines of business. Currently, we have separate regulators for securities, futures, banks, and insurance.» —“First, Fire the Regulators” by Jesse Eisinger Portfolio Jan. 8, 2009. (source: Double-Tongued Dictionary)
Further reading
A geographical term from the 2025 Scripps Spelling Bee: Hoofddorp, a commune in the western part of the Netherlands. This is part of a complete episode.
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