Financial Industrial Regulatory

What is Financial Industrial Regulatory?

Financial Industrial Regulatory (FIR) is a term that refers to the rules and standards that govern the activities of financial institutions and markets. FIR aims to protect investors, consumers, and the stability of the financial system from fraud, misconduct, and systemic risks. FIR covers various aspects of the financial industry, such as banking, insurance, securities, derivatives, and commodities.

FIR can be enacted and enforced by different authorities at different levels, such as national regulators, international organizations, or self-regulatory bodies. FIR is constantly evolving to adapt to the changes and challenges of the global financial landscape.