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Policy Implications

David Rouch ()

Chapter 7 in The Social Licence for Financial Markets, 2020, pp 273-311 from Springer

Abstract: Abstract What about policy measures? In a sense, the significance of the social licence lies beyond policy, in its potential to affect the very substance of financial market relationships. However, policy steps can help and this chapter provides some examples, not as a comprehensive reform programme, but as a starting point for thinking about what policy difference it makes. They fall into two broad categories. First, steps to make the recognition of a social licence (the aspirations and meanings it embeds) more salient in financial relationships. Second, steps to ensure that law and regulation and other policy measures are consistently aligned with the reality thrown into relief by recognition of a social licence.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-40220-4_7

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DOI: 10.1007/978-3-030-40220-4_7

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