Engendering confidence in the financial system – challenges and observations

Jackie Harvey

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    Abstract

    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.
    Original languageEnglish
    Title of host publicationResearch Handbook on International Financial Crime
    EditorsBarry Rider
    PublisherEdward Elgar
    Pages219-228
    Number of pages864
    ISBN (Print)9781783475780
    Publication statusPublished - 30 Nov 2015

    Publication series

    NameResearch Handbooks in Financial Law
    PublisherElgar

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