Financial regulation
From Wikipedia, the free encyclopedia
Financial regulations are a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the integrity of the financial system. This may be handled by either a government or non-government organization.
Contents |
[edit] Aims of regulation
The specific aims of financial regulators are usually:
- To minimize financial loss of depositors in banks or policy holders of insurance companies
- To enforce applicable laws
- To prosecute cases of market misconduct, such as insider trading
- To license providers of financial services
- To protect clients, and investigate complaints
[edit] Authority by Country
- See main article List of financial regulatory authorities by country
- U.S. Securities and Exchange Commission (SEC), USA
- Securities and Exchange Surveilance Commission (SESC), Japan
- Investment Dealers Association of Canada (IDA), Canada
- Irish Financial Services Regulatory Authority, Ireland
- Financial Services Authority (FSA), UK
- Autorité des marchés financiers (AMF), France
- China Securities Regulatory Commission (CSRC), People's Republic of China
- Comisión Nacional Bancaria y de Valores, Mexico
- Comisión Nacional de Valores (CNV), Argentina
- Superintendencia de Valores y Seguros, Chile
- National Credit Regulator, South Africa
- Russia - The Federal Financial Markets Service (FFMS)
- Financial Supervisory Authority, Sweden
- Financial Supervisory Authority, Finland (Rahoitustarkastus in Finnish, abbr. RATA)
- Reserve Bank of India, India
- Republika Srpska Securities Commission, Republika Srpska, Bosnia and Herzegovina
- Israel Securities Authority (ISA), Israel
- Securities Market Commission (CMVM), Portugal
[edit] Australia
The Australian Prudential Regulation Authority (APRA) supervises banks and insurers. Australian Securities and Investments Commission (ASIC) is responsible for enforcing financial services and corporations laws.
[edit] See also
[edit] External links
- Securities Lawyer's Deskbook from the University of Cincinnati College of Law
- Securities Law Home Page
- The Compliance Exchange Jonathan Halsey's financial regulation research resource
