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Corporate Control and Governance

P/F/13. Quantitative financial accounting. How, and why, should - and are - financial services regulated in the UK?

WORDS:
4500
DATE:
2002
PRICE:
49.99 GBP

Like any other kind of consumer, users of financial products and services need protection against dishonest traders and substandard products and services. Since it is difficult to judge a financial product from the look or the feel, it is only reasonable to have rules regarding the nature of products on offer. Financial markets today are the biggest markets in the world, hence it is only ideal to have rules governing the general operations of these markets, the professionals who trade in them and the vendors of investment products. The main essence of these rules is to protect investors as well as depositors and to preserve financial stability. Haynes (2002:1) discloses that financial services, firms that provide these services and financial markets are regulated worldwide to a greater extent than are most other products and services with the exception of those that affect peoples health and safety. This report reflects how and why, should - and are - financial services regulated in the UK??

 

KEYWORDS: f, quantitative, financial, accounting, how, why, -, -, financial, services, regulated, uk,

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