Aims of Regulation
The objectives of financial regulators are usually:
- market confidence – to maintain confidence in the financial system
- financial stability - contributing to the protection and enhancement of stability of the financial system
- consumer protection - securing the appropriate degree of protection for consumers.
- reduction of financial crime - reducing the extent to which it is possible for a regulated business to be used for a purpose connected with financial crime.
Read more about this topic: Financial Regulation
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