Backing Market Forces: How to Make Voluntary Standards Work for Financial Services Regulation.

This report is the outcome of a research project  which explored how voluntary standards markets might be applied to financial services regulation and sought to provide independent verification of their potential in the financial services sector. The central finding is that voluntary standards could play a greater role in rebuilding a safer and more trusted financial services sector. The report illustrates the use of standards in other industries, the drivers behind their development, the application of existing standards in the financial services sector, other areas in financial services to which standards markets might also be applied, and who might be the potential users of new standards for areas of financial services. More…

 

Source: Long Finance

admin // 14.01.2014

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