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3 Cards in this Set
- Front
- Back
What is the purpose of regulators? |
Regulators design regulations to protect the public interest Ensures firms comply with laws/regulations Aim to promote national economic objectives |
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2 types of regulations |
Self regulation/ core of conduct - within an individual firm or group of firms. It can take the form of a corporate code of conduct. External regulation - on a global scale, industry wire across a country. |
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