: Commercial banks, mutual funds, insurance companies, and stock exchanges.
: Financial intermediaries like banks provide secure places to store money, ensuring the safety of assets while offering depositors easy access via checks or cards. intermediaries
: They bridge the gap between those with surplus resources (lenders, knowledge senders) and those in need (borrowers, recipients). : Commercial banks, mutual funds, insurance companies, and
: By providing economies of scale and specialized expertise, they make processes like lending or product distribution more efficient and less expensive than direct bilateral deals. : Commercial banks
: They must have robust systems to ensure all parties follow applicable laws and standards, which protects investors from legal or reputational damage.
: Online search engines, social networking services, and specialized data sharing platforms. Compliance Function at Market Intermediaries