Journal of Financial Crime, Vol. 6, No. 4, pp. 362-366, 1999
11 Pages Posted: 8 Feb 2013
Date Written: May 16, 1999
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.
Keywords: financial scandals, regulation, criminal law
JEL Classification: G18, K14, K42
Suggested Citation: 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: https://ssrn.com/abstract=2213183