Banking regulation in the UK

Author:

Chambers-Jones ClareORCID

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.

Publisher

Virtus Interpress

Subject

General Business, Management and Accounting

Reference21 articles.

1. BBC News, „EU leaders call for transparency‟, 29th January 2008, http://news.bbc.co.uk/go/pr/fr/- /1/hi/business/7215873.stm

2. BBC News. Brown: Banks Should Be „Servants‟. 22 February 2009. http://news.bbc.co.uk/1/hi/uk/7903985.stm Retrieved 22 February 2008.

3. BBC News. Full Text: Conservative/Lib Dem Dealhttp://news.bbc.co.uk/1/hi/uk_politics/electio n_2010/8677933.stm accessed 12 May 2010.

4. Chambers, C. L. The Banking Act 2009: A historical piece of legislation or a relic of our time; only history can tell?' International Journal of Liability and Scientific Enquiry. January 2010a. (online)

5. Chambers. C. L. & Shufflebottom, M. Innovation in Inclusion: A financial M-learning game Part 2'. The Law Teacher. July 2010b, Volume 44 Issue 2, 117

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