GOVERNMENT AND THE FINANCIAL SERVICES INDUSTRY

Abstract

At the outset let me say that I do not believe that it is the job of Government to substitute its commercial judgment for that of individuals, or indeed the financial services industry in general. A Government should, of course, have an economic overview. Only the Government can ensure that the workforce is sufficiently educated and trained and that there is an efficient transport infrastructure for example. The market, if it works effectively, will continue to develop new products and that is something to be encouraged.

Citation

DARLING, A. (1994), "GOVERNMENT AND THE FINANCIAL SERVICES INDUSTRY", Journal of Financial Regulation and Compliance, Vol. 2 No. 2, pp. 107-111. https://doi.org/10.1108/eb024797