Criminal Law

“The current principles-based regulatory system is ill-suited to online technologies in financial services, because it assumes a level of technological understanding which neither the regulators nor the management of firms are likely to possess.”

Explain how far you agree or disagree with this statement.

Kindly read all the materials before attempting this essay. Oscola referencing required, footnotes and all materials duly referenced. IRAC approach to question recommended. Ensuiqure the core question is addressed.

“The current principles-based regulatory system is ill-suited to online technologies in financial services, because it assumes a level of technological understanding which neither the regulators nor the management of firms are likely to possess.”

Explain how far you agree or disagree with this statement.

Kindly read all the materials before attempting this essay. Oscola referencing required, footnotes and all materials duly referenced. IRAC approach to question recommended. Ensuiqure the core question is addressed.

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