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Regulatory Principles and the Financial Services and Markets Act

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  • Colin Mayer

Abstract

Regulation in the UK is undergoing fundamental change. Dissatisfaction with self-regulation and the self-regulatory organizations intensified steadily during the 1990`s. The failure of regulation to avert the Maxwell pension collapse and the widespread selling of inappropriate pension policies were viewed as serious deficiencies of what many people had already come to regard as inadequate and expensive regulation. The Labour administration came to office with the clear intention of overhauling and strengthening the system.

Suggested Citation

  • Colin Mayer, 2000. "Regulatory Principles and the Financial Services and Markets Act," Economics Series Working Papers 2001-FE-09, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:2001-fe-09
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    Cited by:

    1. Sylvia Kaufmann & Maria Teresa Valderrama, 2004. "The Role of Bank Lending in Market-Based and Bank-Based Financial Systems," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 88-97.

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