UK’s Regulatory System

Write a 1500 word paper answering; The regulatory system of the UK went through a dramatic change in the recent past when the Financial Services Authority (FSA) was abolished in the wake of the current financial crisis. The credit crunch and the resulting economic downturn that both US and UK faced, therefore, prompted for radical changes to be made into the financial regulatory system. The proposed changes in the US financial system also indicate that there may be more powers to be given to the Federal Reserve System (FED) to effectively control the financial services industry. Similarly, the UK has given more powers to the Bank of England to improve its role as the supervisor of the Financial System by abolishing Financial Services Authority.The overall structure of the regulatory system of both the countries is, therefore, going to change soon, and as such new foundations may be laid. This paper, therefore, will attempt to discuss the structure and objectives of the UK and US’s financial regulatory system and critically analyze as to whether the system can regulate the financial services industry.Theoretically, it is argued that government intervention in the market is necessary to remove or correct the imperfections in the market. Market imperfections can be created due to many reasons however, to correct them. the government has to intervene in the form of regulations to restrict certain actions otherwise performed by markets without significant hindrances.It is argued that financial markets tend to work better when investors have all the information and markets are free from the manipulative power of few. What is significant however is the fact that failure of one financial institution can cause the failure of other institutions thus the contagion effect of the failure can cripple the whole economy of a country. Due to this inherent risk and weakness of the financial services industry, it becomes more important that the government should have a better role.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with TermPapersForMe
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 10k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
PERFECT! Thanks a million, you're all awesome!!!!
Customer 452483, July 7th, 2021
English 101
Thank you guys for always being there and helping me always get a 100% on my assignments!
Customer 452483, August 16th, 2021
Introduction to Sociology
Thank you very much for all of your hard work!
Customer 452483, October 15th, 2021
Thank you, great work!
Customer 452483, July 19th, 2021
Great good
Customer 452555, February 14th, 2022
Customer 452483, July 5th, 2021
Healthcare Writing & Communications
You guys are awesome! Appreciate all of your hard work! Thank you.
Customer 452483, October 15th, 2021
Thank you for all of your help and hard work, truly appreciate you guys always being there with my hectic schedule. Thank you again!
Customer 452483, September 20th, 2021
Good job! Thank you.
Customer 452487, October 26th, 2021
Excellent writing !! Definitely I will use your services again... Thank you.
Customer 452487, August 22nd, 2021
Healthcare Writing & Communications
Thank you so much for all of your hard work! Appreciate it all!
Customer 452483, November 14th, 2021
English 101
Amazing thank you!
Customer 452615, August 1st, 2022
Customer reviews in total
Current satisfaction rate
2 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon TERM15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat