Empowering and Protecting Financial Consumers: Bank Negara Malaysia’s Consumer and Market Conduct Framework

Author(s):  
Simone di Castri
Keyword(s):  
Author(s):  
P. Eko Prasetyo

This study has taken position for developing of small-scale industry (SSI) is necessary strategy or market conduct policy and market performance. For that objective, the realization steps needed are: (a) re-examining about national development objective; (b) conducting political system restructurization that enable all people has equal right to participate in the economic sectors; (c) allocating and distributing economic resources and production facilities in equitable manner especially for rural people; and also (d) making more deep market penetration for goods and services of SSI through issuing inceptives and positive discrimination policies for SSI in supplying their production input, production process and marketing. Promotion intensification and nourishing cooperation with another kind of enterprise will be a beneficial.


Author(s):  
Resul Aydemir

In this paper, I consider the Turkish Banking Industry, which is dominated by a few large banks. Using a conjectural variation approach, I estimate a structural model to examine the market conduct of the largest banks for the period 1988-2009. Estimation results suggest that the Turkish banks colluded in the loan market during the sample period where the average mark-up is estimated to be in the range of 44% to 86% depending on the empirical specification. This evidence demonstrates a conflict between market concentration and competition in the Turkish banking industry. Thus, regulatory agencies should be cautious against attempts to increase concentration in the banking industry.


Author(s):  
Tinur Sulastri Situmorang ◽  
Zulkifli Alamsyah ◽  
Saidin Naenggolan

Penelitian ini bertujuan untuk : 1) Mengetahui gambaran pemasaran sawi manis di Kecamatan Jambi Selatan, 2) Menghitung efisiensi pemasaran sawi manis dilihat dari analisis market structure, market conduct, dan market performance (SCP). Data dianalisis secara deskriptif kuantitatif dan kualitatif dengan pendekatan structure, conduct, and performance of market (SCP). Berdasarkan penelitian, pemasaran sawi manis di Kecamatan Jambi Selatan terdiri dari lima pola saluran pemasaran, yaitu : 1) petani-konsumen ; 2) petani-pedagang pengumpul besar (PPB)-agen/pedagang pengecer-konsumen ; 3) petani-pedagang pengecer-konsumen; 4) petani-pedagang pengumpul kecil (PPK)-pedagang pengecer-konsumen; 5) petani-pasar modern-konsumen. Fungsi pemasaran yang dilakukan oleh lembaga-lembaga pemasaran, yaitu fungsi pertukaran, fungsi fisik, dan fungsi fasilitas. Dengan pendekatan market structure, pasar sawi manis di Jambi Selatan cenderung mengarah kepada persaingan oligopoli murni. Dilihat dari perilaku pasar, sistem pembayaran kemudian masih terjadi antara pedagang pengumpul dengan petani dan antara pedagang pengumpul dengan pedagang eceran. Sedangkan kinerja pasar menunjukkan bahwa penyebaran marjin, farmer’s share, dan rasio keuntungan tidak merata pada masing-masing lembaga pemasaran. Dari indikator SCP yang telah dijelaskan  di atas dapat diketahui bahwa pemasaran sawi manis di Jambi Selatan belum efisien. Berdasarkan kondisi saat ini dan hasil analisis yang telah dilakukan, saluran pemasaran IV (petani-pedagang pengumpul kecil (PPK)-pedagang pengecer-konsumen) merupakan alternatif saluran pemasaran yang efisien yang dapat dipilih oleh petani.   Kata Kunci : efisiensi, pemasaran, sawi manis, SCP (structure, conduct, and performance of market)


2015 ◽  
Vol 40 ◽  
pp. 49-59 ◽  
Author(s):  
Stephen F. Hamilton ◽  
Philippe Bontems ◽  
Jason Lepore
Keyword(s):  

Author(s):  
Arner Douglas W ◽  
Hsu Berry FC ◽  
Goo Say H ◽  
Johnstone Syren ◽  
Lejot Paul ◽  
...  

The chapter evaluates Hong Kong’s regulation of market misconduct. The chapter argues that much of Hong Kong’s regulatory structure addressing market misconduct is derived from overseas jurisdictions (Australia and the United States, and reflecting the European Union and the United Kingdom). In relation to insider dealing, market misconduct, and disclosure Hong Kong’s approach largely follows the legislative, regulatory, and common law development in the United States. The chapter concludes that following the enactment of the Securities and Futures Ordinance (SFO), Hong Kong has implemented a comprehensive system addressing market misconduct, through both disclosure regulation and market conduct regulation. This is especially the case in relation to insider dealing, market manipulation, and financial fraud and deception. Regulation addressing such issues in Hong Kong is generally of an international standard.


Author(s):  
Morris Simon

This chapter looks at conduct regulation. The conduct standards contained in the Financial Conduct Authority’s (FCA) five main conduct of business sourcebooks—banking (BCOBS), investment business (COBS), general insurance (ICOBS), mortgages (MCOB), and consumer credit (CONC)—are explained. It then assesses FCA principle 10 (PRIN 10) and the underlying rules on the proper treatment of client assets (in CASS). Examples of instances in which action was brought for a breach of FCA principle 5 (PRIN 5)—on the need to observe proper standards of market conduct—are listed. It provides an overview of the six broad elements of product governance. The FCA’s recent changes to COBS in relation to its stance on product regulation and intervention are explained. The FCA’s competition policy—based on its objective to adopt a pro-competition approach to regulation—is explored, and a number of FCA market studies examining competition issues are reviewed.


2020 ◽  
Vol 10 (2) ◽  
pp. 1-16
Author(s):  
Amarpreet Singh Ghura ◽  
Ishwar Kumar

Learning outcomes Through a discussion of the case, students will be able to conduct “Pros and Cons” analysis for entering a new market. Conduct “SWOT” analysis for entering a new market. Explain how to create a Blue Ocean Market Space, by implementing the concept of value-innovation. Demonstrate the role of “strategy canvas” and “The four action framework” in creating Blue Ocean Market Space. Case overview/synopsis This case describes a situation in which Vivek Vyas (Vyas) and Vimal Popat (Popat) first generation entrepreneurs starts their venture shradhanajali.com in June 2011. The monthly revenues range in between INR 75,000 and INR 80,000. Shradhanjali.com has garnered customers from major parts of India, USA, Canada, UK and Africa. It was in 2019 when Vyas and Popat co-founders of Shradhanjali.com were in their office at Rajkot, Gujarat reading an article in financial express, which had a mention of India’s 10 most wacky startups which used technology and internet to get closer to users. One of the startups reported by financial express was offering people to book cremation for the funeral of the deceased loved ones. Looking at the article Popat thought to enter a new market space by mid of 2020, where new offering to customers to book online pujas across temples in India on the birth and death anniversaries of their loved ones. The purpose of this case is to provide an opportunity for the participants to make use of management tools such as Pros and Cons; and SWOT analysis to decide whether shradhanjali.com should penetrate more into this world of e-commerce and offer online puja service to their customers. However, the two co-founders are undecided whether to add online puja service in their service portfolio as they do now know the way forward to convert the idea of online puja into a viable business? Participants need to take into consideration the data given for shradhajali.com and make assumptions and resolve the dilemma through which Vyas and Popat are going through. Complexity academic level The case involves various issues with first generation online startup in strategic management field such “Pros and Cons” analysis and challenges faced during the new market creation phase. Thus, this case can be used for covering multiple perspectives related to blue ocean strategy (e.g. application of strategy canvas and the four action framework). Supplementary materials Teaching notes are available for educators only. Subject code CSS 11: Strategy.


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