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Improving global financial services regulation

Author

Listed:
  • Singham, Shanker A.
  • McBride, Catherine

Abstract

As the most globally active financial services provider, the UK has the potential to be a key player in helping to develop a more efficient international regulatory framework after it leaves the EU. All entities that have efficient and attractive financial services offerings will benefit from having better global financial services regulation. The UK financial services industry is a major component of its economy. In 2016, UK financial services contributed 6.7% of the total UK GVA1, provided 3.1% of all jobs in the UK and generated a trade surplus of £68bn2 in the finance and insurance sectors.

Suggested Citation

  • Singham, Shanker A. & McBride, Catherine, 2018. "Improving global financial services regulation," IEA Discussion Papers 88, Institute of Economic Affairs (IEA).
    • Handle: RePEc:zbw:ieadps:313988
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    File URL: https://www.econstor.eu/bitstream/10419/313988/1/iea-dp088.pdf
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    More about this item

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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