Deregulatory policies generally focus on banking institutions, but can also encompass other financial institutions, such as securities firms, finance companies, or insurance companies.
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Financial deregulation initiatives generally seek to eliminate price controls, portfolio requirements, product restrictions, and barriers to entry that operate within domestic financial service markets. In a growing number of countries, the initiatives also seek to eliminate restrictions designed to insulate domestic financial service markets from international financial markets and prevent their penetration by multinational financial firms."
(Brown, J.,
Financial deregulation: the need for safeguards, visited 2009-07-16)