November 2009
Beginner
368 pages
11h 24m
English
According to the definition of financial services proposed by the EU, there are some activities that cannot be offered by banks directly[1]but can be managed by specialized organizations such as funds, special investment firms, and other structures accepted by single country regulations.
1 According to the EU, there are six activities that banks cannot manage directly. They are also known as financial services and are regulated by the Financial Services Act: