This dimension names the jurisdiction within which a regulation actually has legal force. Wikipedia defines jurisdiction as "the legal authority held by a legal entity to enact justice," authority that is "limited for example by geography, subject matter, or other factor." Browsing this way collects every regulation that applies within the same jurisdiction.
Facts
Comparison
Defining CharacteristicFinancial regulation is a broad set of policies applying to the financial sector, justified by systemic risk and information asymmetry. 1 Sources
1. Financial regulation (Wikipedia)
WikipediaFinancial regulation, lead sectionQuote, Financial regulation, lead section
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.