Title: NEW TRENDS AND CHALLENGES IN THE REGULATION OF FINANCIAL INTERMEDIARIES
Abstract: ABSTRACT This article attempts to identify the way of regulation of financial intermediaries in the light of changing trends in the field of global financial markets. Country examples are provided to grasp the significance of efficient regulation of financial intermediaries for ensuring the sustainability in this area. Pros and cons of separation of the regulation of financial intermediaries from central banks are explored in the article. It is concluded that the establishment of the independent supervisory authority, which is separated from the central bank, is more effective in terms of exercising of prudential regulation of financial intermediaries. Keywords financial intermediaries, regulation, financial services, financial markets
Publication Year: 2016
Publication Date: 2016-10-01
Language: en
Type: article
Indexed In: ['crossref']
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