Concept information
Preferred term
financial services regulation
Definition
- Financial services occupy a uniquely powerful position in all monetized economies. Firms and individuals engaged in financial services are responsible for allocating a society's resources to the most economically profitable activities. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Financial Services Regulation]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/financial_services_regulation
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