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Business
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| Number of pages / Number of words: |
1 / 197 |
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No amount of regulation or oversight can guarantee against the possibility of financial failure of a market intermediary. However, regulation can and should aim to reduce the risk of failure. Where such failure does occur, it is the role of the Regulator to seek to reduce the impact of that failure and to attempt to isolate the risk solely to the failing institution...
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No amount of regulation or oversight can guarantee against the possibility of financial failure of a market intermediary. However, regulation can and should aim to reduce the risk of failure. Where such failure does occur, it is the role of the Regulator to seek to reduce the impact of that failure and to attempt to isolate the risk solely to the failing institution...
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General points of the essay
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Show how a financial intermediary can solve problems that ultimate savers and borrowers cannot easily solve when dealing directly with each other
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The public relations practitioner as cultural intermediary
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