Disadvantages of Banking Regulation

The current financial system has been created by money-makers looking for profit, who are focused on short-term gains rather than building long term wealth. The need for a new approach is self-evident. best civil and criminal lwyer in madhapur

There are several reasons why regulation of financial services is still the most difficult area to understand. First of all, there are often insufficient information. Regulators need to have reliable information on risk assessment, therefore they often only have inadequate data at their disposal. This is a particularly serious problem with capital requirements, because firms that would otherwise collapse will be able to make it through the banking system in a more or less orderly manner. Regulator manpower may be missing and skill set of regulators are often rather limited. Lobbying might be a problem, because higher regulatory authorities require sizeable staff in order to perform their tasks efficiently and effectively. Regulation can be costly for regulatory authorities: high level of administrative work requires significant efforts from regulatory authorities in order to implement and enforce regulations. 


RVK Law Associates is your personal attorney when dealing with any type of legal matter pertaining to your personal or business account. We will work hard for you so that all aspects of your matter are addressed professionally and efficiently, so you can be assured that we are on top of it all the time 

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