Money, Banking & Risk

Money, Banking & Risk

a)    Discuss another financial services mis-selling scandal from the last 30 years – within your answer set the historical framework, detail what went wrong and what lessons should have been learnt                                                      (50%)
b)     With reference to theory and evidence explain why financial mis-selling keep happening?  You may wish to consider (i) lack of personal ethics, (ii) lack of organisational ethics (iii) lack of regulatory oversight / power.               (50%)
You will be looking at the following learning outcomes
Identify and explain the importance of the monetary and financial system and Analyse the roles and functions of financial institutions , including central banks and their roles as participants and regulators within markets
http://www3.uwic.ac.uk/English/registry/academic_handbook/Documents/AH1_04_03.pdf

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