BANKING REGULATION IN THE UK

Download This Article

Abstract

Banks have been an integral part of the UK‟s infrastructure since their first inception by the Lombards‟ in 1663 on the banks of the River Thames in London. The nature and the scope of banks and banking services have grown beyond all recognition since the early days of banking. Today banking is an important part of the economic cycle and with the current economic crisis affecting every aspect of modern living this paper aims to provide an overview of the current crisis, the regulatory reform and the new banking architecture that is provided by the new Government.

Keywords: Banking Regulation, Financial Services, Banks

How to cite this paper: Chambers, C. (2011). Banking regulation in the UK [Special issue]. Corporate Ownership & Control, 8(2-2), 66-72. https://doi.org/10.22495/cocv8si2p2