Financial markets and financial system

In relations to (A) ,

Critically evaluate types of financial regulation imposed by the government of Iceland ?

(Can use only journal article and Need to show references)

(1) Financial Markets and Financial Systems (a) Select a country and illustrate the main objectives of imposing financial regulations by the government. The Icelandic Association of the European Economic Area (EEA) provides for the creation of monetary rules for EU rules and regulations. The Financial Supervisory Authority (FME oversees activities and monetary objects that work in the monetary and assurance areas, even though the central bank assumes liquidity controls and manages liquidity. In addition, the Financial Supervisory Authority and the Central Bank of Iceland have a collaboration contract whose key objective is to reinforce collaboration and conversation of evidence amongst the two organizations (Eiger, 2006). Eiger, Z. (2006). [online] Media.mofo.com. Available at: http://media.mofo.com/files/uploads/lmages/Regulation-of financial-institutions-Iceland.pdf [Accessed 27 Mar. 2006]. Supervision In Iceland, there is a combined financial market regulator, the Financial Supervisory Authority (FME). The Financial Supervisory Authority is a government specialist with its private management panel, Its mission is to safeguard that the acts of the assemblies subject to the regulations comply with the rules and regulations and that they are reliable with admiration, with complete and satisfactory commercial performances (Bingham, 2012) i. Profitable, Funds and Investment Banks 2. Credit subdivisions of co-operative civilizations s.Safeties corporations and sanctuaries brokerages 4 Annuity Capitals and Organization businesses of UCITS s. Stock connections and dominant safeties banks 6. Assurance businesses and assurance agents (approved to work in Iceland). Numerous other monetary organizations operating in compliance with higher regulation are also focused on EMF management, in peak particularly the Housing Finance Fund (Bingham, 2012)