Module F: The current regulatory structures of selected financial systems in the international context

Alternative regulatory regimes

Many different regulatory frameworks exist around the world. The economic crisis has prompted governments across the world to re-evaluate their financial regulatory framework, to try to tackle the causes of, and fallout from, the global downturn. The next 12 months could bring the most dramatic change in financial services regulation in decades.

This module will consider some of these frameworks, whilst the executive summary will focus on the three main regimes. This interaction provides an overview of the financial regulation framework, both present and proposed, in the United Kingdom (UK); the European Union (EU); and the United States of America (US).

Executive summary

Available to registered (free) and logged in members – The Financial Regulation Forum is, essentially, a membership site.

Information update: May 2010

Whilst reviewing the slideshow it should be appreciated that discussion about US regulatory reform is still taking place on Capitol Hill. The change of government in the UK will affect how UK regulatory reform will proceed, especialyy in relation to the roles of the FSA and the Bank of England. The EU position may be modified as discussions on reform take place between the US, UK and the EU. The eurozone crisis will influence the outcome of these discussions.

The US reform Bill passed by the US Senate on 20 May now has to be consolidated with the similar bill previously passed by the House.

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Short title: Wall Street Reform and Consumer Protection Act of 2009

Official title: A bill to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes.

An overview of this module is provided in the slideshow. This summary is intended for management to Keep Abreast of … and for those famliar with this topic the overview will  provide a review.

For a more indepth discussion see the article which is provided in different formats.

Article

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• HTML version
• PDF version
• Audio version

Worksheet/Quiz

There is no worksheet or quiz for this module.

Useful links

Last update 2010.05.24

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