Issues concerning the regulation aspects of financial markets are not simple. One of the reasons for this is that a great number of detailed factors have an effect, for example, the trust of the consumers of financial services or their behavior. The paper analyses the most important of them, and...

“Better regulation” occupies a vast rolling terrain in modern political, economic and legal life. For at least 20 years its role and impact have been under intensely scrutiny. When drafting new regulations one should attempt to combine several elements such as: coherence, flexibility,...

Issues concerning the regulation aspects of financial markets are not simple. One of the reasons for this is that a great number of detailed factors have an effect, for example, the trust of the consumers of financial services or their behavior. The paper analyses the most important of them, and...

“Better regulation” occupies a vast rolling terrain in modern political, economic and legal life. For at least 20 years its role and impact have been under intensely scrutiny. When drafting new regulations one should attempt to combine several elements such as: coherence, flexibility,...