Economics

Topic Videos

Financial Regulation in the UK (Financial Economics)

Level:: A-Level, IB

Board:: AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 4 Feb 2023

This revision video looks at the tripartite system of financial regulation in the UK

Financial Regulation in the UK

Since the global financial crisis, regulators have placed increased emphasis on prudential regulation – i.e. putting in place safeguards for the stability of the financial system

Micro-prudential involved regulation of individual financial firms such as commercial banks, payday lenders, insurance companies and pension funds
Macro-prudential regulation is designed to safeguard the financial system as a whole