Policing the Markets: Structures and Policies

Gilligan, George

Abstract

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Policing the Markets: Structures and Policies

George Gilligan

University of New South Wales

May 16, 1999

Journal of Financial Crime, Vol. 6, No. 4, pp. 362-366, 1999

Abstract:
Scandals are a recurring feature of UK financial services and they were probably more common in the 1840s than today. There is no overwhelming evidence that general financial practice is less ethical than it was in the Victorian era and it appears more likely that ethical standards have risen. This paper considers the role that the criminal law can play in financial services regulation and how in the US it can be melded with other strategies such as deferred prosecution agreements.

Number of Pages in PDF File: 11

Keywords: financial scandals, regulation, criminal law

JEL Classification: G18, K14, K42

Accepted Paper Series

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Date posted: February 8, 2013

Suggested Citation

Gilligan, George, Policing the Markets: Structures and Policies (May 16, 1999). Journal of Financial Crime, Vol. 6, No. 4, pp. 362-366, 1999. Available at SSRN: http://ssrn.com/abstract=2213183

Contact Information

George Gilligan (Contact Author)

University of New South Wales ( email )

Centre for Law, Markets and Regulation
Faculty of Law
Sydney, New South Wales 2052
Australia