The Market Foundations initiative
Foundations of how markets work have often built up in an ad hoc fashion.
These foundations include:
- participants (whether as principals, agents or advisers) that can trust and be trusted;
- accepted, predictable and transparent standards of behaviour; and
- effective and efficient mechanisms to intervene in the markets where needed to correct the behaviour.
- We consider whether market foundations can be improved to enhance effectiveness and efficiency.
If you would like to comment on the topics covered by the Market Foundations programme, contribute to the ongoing work it refers to, or follow progress and receive copies of subsequent reports, contact us at:marketfoundations@icaew.com