ECO 550 Week 9 eActivity

Use the Internet and Strayer databases to research some of the major banking regulations (e.g., Dodd Frank, tax import / export restrictions, etc.). Take note of the impact that these regulations have on business growth and profitability. Be prepared to discuss.

Answer -

The global financial crisis which began in 2007 has a great impact the banking regulations and public scrutiny. Expectations of the regulators were growing regarding the governance and regulation of the banking sector. According to the reserve board governor in charge of bank supervision, there has been increasing regulations across the globe which is moving forward. G20 financial reforms are being implemented both at the national and international levels. Some of the main pillars of these...