The passage of legislation to ensure that FIs are meeting the needs of their local communities is an example of entry regulation.

Question

Quizplus · Accepted Answer

The passage of legislation to ensure that Financial Institutions (FIs) are meeting the needs of their local communities is an example of conduct regulation, which governs how businesses operate, rather than entry regulation, which governs the conditions under which businesses can enter into a market.

The Passage of Legislation to Ensure That FIs Are Meeting