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Reforms to Financial Regulation

In: Reforming Britain’s Economic and Financial Policy

Author

Listed:
  • Ed Balls
  • Gus O’Donnell

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.

Suggested Citation

  • Ed Balls & Gus O’Donnell, 2002. "Reforms to Financial Regulation," Palgrave Macmillan Books, in: Ed Balls & Gus O’Donnell (ed.), Reforming Britain’s Economic and Financial Policy, chapter 7, pages 110-131, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59983-3_8
    DOI: 10.1057/9780230599833_8
    as

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