THE NEW SETTLEMENT UNDER THE FINANCIAL SERVICES ACT 1986

Abstract

The paper begins by describing the background to, and effect of, the Financial Services Act 1986 (FSA). It goes on to consider both the need for change to the regulatory system established by the FSA, and the New Settlement which emerged as a result of the FSA's shortcomings. The author evaluates the effectiveness of the New Settlement and concludes by considering the continuing pressures for changes to the FSA which exist.

Citation

ASHALL, P. (1992), "THE NEW SETTLEMENT UNDER THE FINANCIAL SERVICES ACT 1986", Journal of Financial Regulation and Compliance, Vol. 1 No. 1, pp. 47-55. https://doi.org/10.1108/eb024750