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
Famous quotes containing the words aims of, aims and/or regulation:
“The aims of life are the best defense against death.”
—Primo Levi (1919–1987)
“In our large cities, the population is godless, materialized,—no bond, no fellow-feeling, no enthusiasm. These are not men, but hungers, thirsts, fevers, and appetites walking. How is it people manage to live on,—so aimless as they are? After their peppercorn aims are gained, it seems as if the lime in their bones alone held them together, and not any worthy purpose.”
—Ralph Waldo Emerson (1803–1882)
“Lots of white people think black people are stupid. They are stupid themselves for thinking so, but regulation will not make them smarter.”
—Stephen Carter (b. 1954)