The Financial Services and Markets Bill: A legal perspective

Abstract

The Financial Services and Markets Bill is an impressive attempt to revisit the field of financial regulation and to replace the existing regulatory structure with a single regulator with coherent powers. There is a danger, from the legal perspective, that the Dill is too widely drawn, vesting the new single regulator with too wide a discretion to formulate rules and policies which themselves will not be susceptible to legislative scrutiny.

Citation

Middleburgh, J. (1998), "The Financial Services and Markets Bill: A legal perspective", Journal of Financial Regulation and Compliance, Vol. 6 No. 4, pp. 379-383. https://doi.org/10.1108/eb024989