Introduction to the Website review
| Pages | 265-268 |
| DOI | https://doi.org/10.1108/eb024977 |
| Date | 01 March 1998 |
| Published date | 01 March 1998 |
| Author | Martyn Kendrick |
| Subject Matter | Accounting & finance |
Journal of Financial Regulation and Compliance Volume 6 Number 3
Introduction to the Website review
Martyn Kendrick
Department of Economics, University of Loughborough, Loughborough, Leicestershire LE11 3TU, UK;
tel:
01509 222
701;
e-mail: mkcor@dmu.ac.uk
INTRODUCTION
This is the first in a series of papers the
Journal intends to publish looking at
selected websites on the internet that are
relevant to financial regulation and compli-
ance.
This first paper will begin by providing
a broad review of the current use of the
internet by regulators and compliance offi-
cers around the world; before considering
in more detail some specific sites of general
use to anyone with an interest in regulation
and compliance.
It is possible to obtain direct access to all
of the websites mentioned below, and a
small directory giving some further details
of key websites is set out at the end of the
paper. Alternatively, all the reviewed web-
sites can be accessed from hotlinks pro-
vided in the UK Compliance Officers'
Website, which is reviewed in more detail
later in the paper.
Subsequent Journal papers will concen-
trate on providing more detailed reviews
of selected websites. An up-dated direc-
tory, including details of any new websites,
will also be included.
INVESTMENT SUPERVISORS AND
REGULATORS AROUND THE WORLD
There is evidence that financial regulators
around the world are increasingly finding
the internet to be a useful medium for pro-
viding detailed information about their
activities; not only to compliance officers,
but also to other interested parties includ-
ing investors. A small selection of useful
websites from around the world are sum-
marised below.
North America
As might be expected, the Securities and
Exchange Commission (SEC) in the USA
has a well-established and comprehensive
website. This website will be the subject of
a full review in a future paper.
In addition, there are also useful websites
provided for NASD Regulation, The
National Futures Association (NFA), The
Federal Reserve, and for many of the var-
ious State securities regulators.
In Canada, there are established websites
for The British Columbia Securities Com-
mission (BCSC) and Saskatchewan Securi-
ties Commission (SSC).
United Kingdom
In the UK, IMRO were the first regula-
tor on the Net and its website provides a
useful directory of IMRO-authorised
companies. Its lead has now been fol-
lowed by the Securities and Futures
authority (SFA), and perhaps most impor-
tantly, by the new 'super-regulator' the
Financial Services Authority (FSA), which
actually has two websites. The FSA web-
sites are reviewed in more detail later in
this paper.
The Occupational Pensions Regulatory
Authority (OPRA) which will remain
responsible for securing compliance with
Journal of Financial Regulation
and Compliance, Vol. 6, No. 3,
1998, pp. 265-268
© Henry Stewart Publications,
1358-1988
Page 265
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