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Essay text:
This has resulted in new consumer credit regulation and new rules for disclosure, codes of conduct and dispute resolution.
Globalisation has created an increasing need for global harmonisation of, and cooperation in, the conduct of financial regulation.
In the face of new technologies, alliances and market structures, increased regulatory attention has been given to ensuring competitive conduct in all segments of the market and to providing a competitively neutral environment.
The ad hoc nature of some new regulation has created a quite expensive regulatory framework. Over 800 staff are now involved in financial regulation in Australia, resulting in direct and compliance costs which appear to be high by international standards...
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Common topics in this essay:
- An Economic Report Focussing On The Rationale For Regulation In The Uk
- Development Of Regulation Of The Financial Reporting
- Discussion Of The Role Of A Central Bank And The Regulation Of The Financial Sector In View Of The Consequences Of The “Credit Crunch” In 2007 In The Us And The Uk In Particular.
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