Reviewing Regulatory Objectives: Should the Scope of Financial Regulation be Extended?
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This paper will consider whether the scope of financial regulation should be extended and if so, ways
in which this could occur. In order to carry out these tasks, it will not only address problems identified
from the recent crises and Basel 2, gaps which exist in some of the responses to these issues, but will
also consider what roles other parties such as central banks and external auditors can play in
achieving financial objectives. To a certain extent, it will address these issues by making references to
proposals which have been put forward from different sources. It will introduce the points of
discussion through an overview of global developments which have necessitated the need for a review
of financial regulation and through a review of the present regulatory objectives.
Keywords
HG Finance