Reference no: EM131448975

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.

Criteria for 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.

Attachment:- Assignment_Brief.rar