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what are the key aims of financial regulations
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They are there as a form of authorisation and fair treatment and a robust financial safeguard for consumers. Along with these there a forms of accountability from senior managers so they are able to make decisions they’ll be held accountable for. These regulations allow for regular supervision and competency/ development in order to uphold quality standards. finally they resolve problems from any breaches by ordering fines ect.
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Topic 1
flashcards
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