Objectives of financial services authority, Financial Management

Assignment Help:

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.

 


Related Discussions:- Objectives of financial services authority

Assembling the divestiture team, Assembling the Divestiture Team: Dives...

Assembling the Divestiture Team: Divestment of a business requires a team of functional experts under the direction of an experienced project manager. The first and foremost ac

What are the options available for growth, What are the options available f...

What are the options available for growth Joint venture   A joint venture is when a separate company is formed, in which every member holds an equity st

Agency Problem, What is the potential of having agency problems

What is the potential of having agency problems

305, I have an assignment due today and needs some help

I have an assignment due today and needs some help

Financial analysis project, 1. Collect three years of recent, financial...

1. Collect three years of recent, financial data (2007 - current), including the Balance Sheet, Income Statement, and Statement of Cash Flow. a. REQUIRED - paper copies o

Calculate volatilities by using a risk free interest rate, 1. In this query...

1. In this query the implied volatilities are calculated by using a risk free interest rate of 2%. The computation are summarized by the following figure. 2. The computatio

What is the bonds value, Third Inc. wishes to issue a perpetual callable bo...

Third Inc. wishes to issue a perpetual callable bond. The current interest rate is 6%. Next year, there is a 30% chance that the interest rate will be 4.5% and a 70% chance that th

Define the problems into capital budgeting analysis, What problems can take...

What problems can take place into the capital budgeting analysis if project debt is evaluated in place of the borrowing capacity created by the project? If project debt is grea

What is cost recovery method, Q. What is Cost Recovery Method? Cost Rec...

Q. What is Cost Recovery Method? Cost Recovery Method - METHOD OF REVENUE RECOGNITION that identifies profits after costs are entirely recovered. Normally used only when the to

Why too little debt is as undesirable as is too much debt, If an optimal ca...

If an optimal capital structure exists, what are the reasons why too little debt is as undesirable as is too much debt? Too little debt may be as unwanted as too much debt for

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd