Government regulation affects the financial system from different angles. However, the particular effect depends on the type of regulation. Increased regulation commonly implies a higher workload for people in financial sectors, since it requires time and effort to adjust strategic...
Regulation E, or also known as Reg E, as it is sometimes called, is the set of rules established by federal banking regulators to carry out the Electronic Fund Transfer Act. That 1978 law lays down consumers’ rights when they...
MiFID II is an authoritative system established by the European Union (EU) to direct monetary business sectors in the coalition and improve insurances for financial specialists. Its aim is to normalize practices over the EU and re-establish trust in the...
Regulation Z is the Federal Reserve Board regulation that executed the Truth in Lending Act of 1968, which was important for the Consumer Credit Protection Act of that very year. The demonstration’s significant objectives were to give customers better data...
What Are the Markets in Financial Instruments Directive (MiFID)? The Markets in Financial Instruments Directive (MiFID) is a European guideline that builds transparency over the European Union’s financial markets and normalizes the administrative revelations required for firms working in the...
