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This article discusses a trend towards increased empiricism in enforcement reporting by financial regulators that emphasises greater use of numerical indicators. The article examines how the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA) and the...
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securities law. Our work is consistent with the idea of crisis-driven regulation as we show that following the global financial …
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“helping hand” view of government is advanced as having a fundamental role in the regulation and supervision of banks …. Furthermore, governments have a vital role to play in corporate responsibility and regulation given the fact that banks are costly … Regulation model, the paper attempts to highlight the role played by government in the direct monitoring of firms. In proposing …
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The failure of the regulatory system is at least one of the contributing causes to the 2008 Financial Crisis. The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) will have a far-reaching impact on the financial services industry particularly in its attempt to...
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