|Chapter 16 Summary . . . |Stocktake: |
| |Financial Regulation |

Overview

This chapter reviews the main effects, both anticipated and unintended, which the recommendations of the Campbell Committee report have had on financial regulation.

Key Findings

In response to the financial problems which occurred in the late 1980s and the expansion of superannuation, prudential regulation was upgraded through tougher capital requirements and structurally reformed through the consolidation, refocusing and better coordination of regulatory agencies.

The greater range and complexity of products and, in some areas, concerns about more aggressive selling practices, have led to an increased focus on consumer protection. This has resulted in new consumer credit regulation and new rules for disclosure, codes of conduct and......

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Title: Stocktake:Financial Regulation
Approximate Word Count: 5249
Approximate Pages: 21 (250 words per double-spaced page)

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