Review:
Banking Regulation
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Banking regulation refers to the rules and laws that govern the banking industry to ensure financial stability and protect consumers.
Key Features
- Capital requirements
- Liquidity requirements
- Risk management
- Consumer protection
- Regulatory compliance
Pros
- Promotes financial stability
- Protects consumers from fraud and abuse
- Helps prevent financial crises
Cons
- Can be complex and costly for banks to comply with
- May stifle innovation in the industry