Reuters reported an industry survey finds the financial services industry should adopt voluntary standards to restore bank trust and create a “third way” between self-regulation and over-regulation from authorities.
Reuters said the report, titled “Backing Market Forces,” jointly commissioned by the British Standards Institution (BSI), the UK National Standards body, and the Chartered Institute for Securities & Investment, also in the UK, found broad support within the financial services industry for voluntary standards.
To read the entire Reuters article, click here.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!
No tags available