Objectives of financial services authority, Financial Management

Objectives of financial services authority

  • FSMA provides four statutory objectives to FSA. They are:
  • Market Confidence: Maintaining confidence in the financial system;
  • Public Awareness: Promoting public understanding about the financial system;
  • Consumer Protection: Securing the appropriate degree of protection for consumers; and
  • Reduction of Financial Crime: Reducing to the extent it is possible for a business to be used for a purpose connected with financial crime.
  • The aforesaid statutory objectives are supported by a set of principles of good regulation which are to be followed while discharging its functions.

 

Posted Date: 9/11/2012 2:38:41 AM | Location : United States







Related Discussions:- Objectives of financial services authority, Assignment Help, Ask Question on Objectives of financial services authority, Get Answer, Expert's Help, Objectives of financial services authority Discussions

Write discussion on Objectives of financial services authority
Your posts are moderated
Related Questions
State about the Detection risk This is the risk that auditors 'substantive procedures don't detect a material misstatement in an account balance or class of transactions. It is

Variance Analysis: In its commonest form variance analysis is the process of comparing budgeted financial performance (or financial goals) against actual financial performance.

Determine about the Systems based audit Systems based audit is useful as it would help identify risks within the processes in an organisation and review how adequate the contr

What is triangular arbitrage?  What is a condition that will give increase to a triangular arbitrage opportunity? Answer:  Triangular arbitrage is the method of trading out of th

You are considering the purchase of some shares of PECO Inc. common stock which paid a dividend of $1.50 today. You expect the dividend to grow at the rate of 7% per year for the n

Discuss the process of  Maximise Profits Let's first look at profit maximisation.  Profit (also known as net income or earnings) canbe defined as the amount a business earns af

Q. What do you mean by Financial Leverage? Financial Leverage: - The financial leverage perhaps defined as the tendency of the residual net profit to vary disproportionately wi

Q. What do you mean by Hedge Fund? In the easiest strategy a hedge fund borrows Hong Kong dollars (HKD) and then sells them in the market against USD that is they short the HKD

What is Capital Asset Pricing Model? Please provide me report on Capital Asset Pricing Model. It is about 2000 words count report on topic Capital Asset Pricing Model.

Q. Show Factors influencing participation? Factors influencing participation: several research studies have shown that the intensity of participation depends on four factors.