The direct and compliance costs of financial regulation

Journal of Banking and Finance

Volumn 21, Issue 11-12, 1997, Pages 1547-1572

  Franks, Julian R ^a   Schaefer, Stephen M ^a   Staunton, Michael D ^a  

^a LONDON BUSINESS SCHOOL   (United Kingdom)

Author keywords

Comparative costs; Financial services; G15; G18; Investment management; Securities trading

Indexed keywords

EID: 0031521258     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0378-4266(97)00045-9     Document Type: Article

References (8)

1. Franks, J.R., Schaefer, S.M., 1993. The costs and effectiveness of the UK financial system, City Research Project, Subject Report II.
2. Goodhart, C., 1988. The costs of regulation. In: Seldon, A (Ed.), Financial Regulation or Over-regulation. Institute of Economic Affairs, London, p. 31.
3. Hopkins, T.D., 1992. Costs of regulation: Filling the gaps. Report prepared for the Regulatory Information Service Centre, Washington, DC.
4. Large, A., 1993. Financial services regulation: Making the two tier system work.
5. Llewellen, D., 1995. Costs and benefits of regulation in retail investment services. Paper presented at the AUTIF Annual Conference, London.
6. Lomax, D., 1987. London Markets after the Financial Services Act, Butterworths, London.
7. Mortimer, K., 1988. The securities and investments board. In: Seldon, A (Ed.), Financial Regulation or Over-regulation. Institute of Economic Affairs, London, pp. 45-46.
8. Sir Peacock, A., Bannock, G., 1995. The rationale of financial services regulation: Is the current structure cost-effective and working? A discussion document. Graham Bannock and Partners Ltd., London, 1993.