Assessment Information
This assignment is designed to assess learning outcomes:
1. Discuss the role and functioning of financial markets
This assignment is an individual assignment. ASSIGNMENT REMIT
Statistics indicate that the financial services sector in the UK is currently undergoing sweeping changes in function and form. In fact, the changes affecting the financial-services business today are so profound that many industry analysts refer to these trends as a revolution that may well leave the sector almost unrecognisable in the next 20 years.
You are required to produce a report which explains: (i) how the UK financial-services markets have changed in recent years, (ii) what powerful forces are reshaping the financial services markets and institutions today, (iii) where the financial services sector may be headed in the future and (iv) the policies which the regulators could implement to manage the impact of the forces which you identified in your response to the previous questions.
Assessment
In completing this assignment, students must:
1. Provide an overview of the UK financial system and competing financial service firms in today's marketplace
2. Explore the principal functions and services offered by the major financial institutions in the UK today
3. Discuss the key trends reshaping the functions and forms of financial services in the UK today
4. Conclude with an assessment of what the UK's financial services industry will look like a couple of decades from now
5. Recommend policy reforms for managing the forces which are reshaping the UK's financial services marketplace in the 21st Century.
6. Include 'academic journal articles' to support your discussion
Word Count
The word count is 1500
There will be a penalty of a deduction of 10% of the mark (after internal moderation) for work exceeding the word limit by 10% or more.
The word limit includes quotations, but excludes the bibliography.
How to submit your assessment
• Your coursework will be given a zero mark if you do not submit a copy through Turnitin. Please take care to ensure that you have fully submitted your work.
• All work submitted after the submission deadline without a valid and approved reason (see below) will be given a mark of zero.
• Extensions of up to two calendar weeks can only be given for genuine "force majeure" and medical reasons, not for bad planning of your time. Please note that theft, loss, or failure to keep a back-up file, are not valid reasons. The extension must be applied for on or before the submission date. You can apply for an extension by submitting an Examination/ Coursework Deferral/Extension Application Form. Application Forms along with the supporting evidence should go to the relevant Student Support Office. For a longer delay in submission a student may apply for a deferral.
• Students MUST keep a copy and/or an electronic file of their assignment.
• Checks will be made on your work using anti-plagiarism software and approved plagiarism checking websites.