Category: Personal Finance

Government Regulations on Financial Institutions

Governments all over the world regulate the financial sector. This could be due to a number of reasons. These regulations affect investment and even performance of the sector.

In the aftermath of the global financial crisis of 2008, the banking sector in the United States became subject to a number of new regulations established by government legislation. These bank regulations continue to impact the administration and operations of banks and other ancillary financial entities. They also call for increased vigilance and safeguards to protect the government, financial institutions and most importantly, the people.

The Housing and Economic Recovery Act of 2008 was the first in a series of regulatory laws designed to strengthen the U.S.

Categories: Personal Finance