Regulation of Financial Services

Regulation of financial services involves rules and oversight by government agencies to ensure financial markets operate fairly, transparently, and securely. These regulations protect consumers from fraud, maintain the stability of the financial system, and promote integrity in banking, investments, and insurance. They include licensing requirements, conduct standards, and oversight of financial institutions' operations. By enforcing these rules, regulators aim to prevent financial crises, support trust in financial markets, and ensure that institutions act responsibly towards clients and the economy.