Al Falah University continues its efforts in the field of scientific research as it is one of the important pillars in improving educational outcomes in institutions of higher education.
The College of Law conducted a joint research with the Applied Science Private University in Jordan under the title:
"REGULATING THE UK FINANCIAL SYSTEM POST CRISIS UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000 AS AMENDED"
The study presented by Dr. Anan Younes, Assistant Professor at the College of Law at Al Falah University, aimed to critically evaluate the organizational objectives compared to the efficiency from one regulatory authority (the Financial Conduct Authority) to the restructuring of regulatory bodies (FCA, PRA,, (Bank of England)) to supervise and regulate financial markets under the Financial Services and Markets Act 2000 and its amendments, by answering the following question: Will regulators achieve better regulatory goals compared to the Financial Supervisory Authority in light of the financial crisis of the past decade and any financial crisis the United Kingdom will face in the future, especially a crisis in 2020?
The study concluded that the new framework for regulatory bodies should be given more time to mature. As the new restructuring still adheres to the regulatory objectives as defined in the FSMA framework, and the anticipated global crisis 2020 (Covid-19) will be a true test for the regulators.
This study is published in the Journal of Legal, Ethical and Regulatory Issues (Scopus-Q2)