Reforms to Financial Regulation

Ed Balls and Gus O’Donnell

Chapter 7 in Reforming Britain’s Economic and Financial Policy, 2002, pp 110-131 from Palgrave Macmillan

Abstract: Abstract This chapter sets out the economic rationale for the regulation of financial services, the current scope of financial regulation, how that scope developed, and why it was necessary to bring it all within the ambit of a single regulator — the Financial Services Authority. The chapter also discusses briefly other new elements in the Government’s policy towards financial regulation, including the benchmarking of financial services and stakeholder pensions. The chapter reflects the situation as of July 2001.

Keywords: Financial Service; Credit Union; Financial Regulation; Financial Policy; Financial Service Authority (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59983-3_8

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DOI: 10.1057/9780230599833_8

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