US EditionBanks Show That Regulation Can Work Without the State
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2 Articles
Banks Show That Regulation Can Work Without the State
Due to their unique role in the economy, banks occupy a special position worldwide and are among the most heavily regulated industries. The fight against greenwashing in the Swiss investment sector demonstrates that regulation does not necessarily have to be government-led: According to a study conducted by the Lucerne University of Applied Sciences and Arts on behalf of the Swiss Bankers Association, banks have acted quickly and effectively thr…
Due to their special economic role, banks occupy a special position worldwide and are among the most regulated sectors. The fact that regulation does not necessarily have to be state-owned shows the fight against greenwashing in the Swiss investment business: According to a study by the University of Lucerne on behalf of the Swiss Bankers Association, banks have acted quickly with industry-specific self-regulation.
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