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| Author: | Hall, M. J. B. |
| Title: | Deregulation of building societies : the prudential issues. |
| Journal: | Royal Bank of Scotland Review
1987 : DEC, 156, p. 11-27 |
| Index terms: | BUILDING SOCIETIES DEREGULATION UNITED KINGDOM |
| Language: | eng |
| Abstract: | Review of the impact of the UK Building Societies Act on building societies. The disadvantages for such societies. The regulation and supervision of building societies prior to the 1986 Act. The reform of the legislative framework. The Building Society Commission and its powers. The role of auditors. The 1986 Financial Services Act. Securities and Investments Board "polarisation" rules. Capital adequacy and liquidity papers. The restrictive approach to safeguarding depositors' interests. Five Exhibits illustrate the analysis. |
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