This chapter considers the general principles and objectives of financial market regulation. It goes on to discuss the changes in the financial markets in light of some high profile losses but notes that the nature of capitalist markets is inherently unstable. The chapter concludes with the argument that the answer to maintaining confidence does not lie in a constant tightening of rules but rather in the maintenance of a constant and open dialogue between the regulators and the institutions and it is this that creates trust.
|Title of host publication||Research Handbook on International Financial Crime|
|Number of pages||864|
|Publication status||Published - 30 Nov 2015|
|Name||Research Handbooks in Financial Law|