should banks be regulated

Since banking and the regulation of the banking tends to considered significant for the growth of the country along with its financial system.Following is a list of banking regulations:Market abuse (abusing monopoly power, preventing competitors and charging high prices to consumersThe fsa regulate the way banks treat money and the criteria they use for lending and dealing with complaints.Leadership should continue to have dialogues with examiners and field supervisors at the various agencies.

Instability was experienced in a few states, not due to wildcat banking, but due to state regulations that inadvertently promoted instability.To protect our money, banks should not be allowed to take great risks that might cause them to fail. therefore, some restrictions are needed so that banks are not free to do as they wish as this would be extremely damaging to the economy.Regulation also makes banks hold shock absorbers to help deal with bad investments.Banking regulation tends to be highly deliberative;Deregulation results in a more proficient apportionment of resources.

An example of this is the senior managers regime which makes sure that senior bankers are held accountable for their decisions.The regulators protect the consumers from possible fraudulent activities as small as misleading advertisements on.Should banks be regulated, or should market forces be allowed to determine the money supply?In a sudden crisis, the balance sheet of a firm can change quickly.We have government issued, legal tender, fiat paper monopoly money, and the fed manipulating interest rates and the supply of that paper money.

Fsa and banking regulations banks are regulated by the financial services authority.Financial stability instability in the financial system can have material ripple effects into other parts of the domestic and international financial sectors.