: Financial intermediaries like banks provide secure places to store money, ensuring the safety of assets while offering depositors easy access via checks or cards.
: 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
: Data intermediaries act as neutral third parties that connect data holders with users. They must maintain structural separation to ensure they don't profit directly from the data they handle.
: Intermediaries manage and diversify risks for their clients, such as a mutual fund spreading an investor's capital across various stocks to reduce the impact of a single failure.
