Buy custom The Changing Financial Landscape
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| Topic: |
Business
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| Number of pages / Number of words: |
31 / 8505 |
Essay's paper body
In doing this, the chapter considers the likely effects on the financial system of the major forces for change introduced in the preceding three chapters.
To meet its Terms of Reference, the Inquiry does not need to predict precisely the future form and structure of financial institutions and markets...
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Indeed, it is impossible to do so. A wide range of strategies will be undertaken by different participants and it is not the role of the Inquiry to pick the winning strategy.
The Inquiry’s task is to ensure that the regulatory framework is able to accommodate outcomes determined in competitive markets...
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General points of the essay
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