REVIEW AND CLOSE

 

 

The purpose of this paper has been to review the background, structure, nature, size and function of financial markets.  The key financial risks involved have been identified and the design and content of financial regulatory systems which manage these exposures examined. The nature of financial instability has also been discussed and a number of earlier crises and scandals referred to with the most recent global financial crisis being referred to in outline.

 

The nature and content of international, European UK and US banking financial regulation has also been referred to be fully. Subsequent classes will examine the nature and response to the global financial crisis and then International, EU, UK and US financial regulation in further detail.

 

We very much hope that you have found this introduction useful and instructive.