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What are an overview of the financial services industry

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Question - Research elements of Twin Peak model of financial regulation incorporating the following elements:

What are an overview of the financial services industry in Australia include the role of key regulatory bodies and the current regulatory environment?

What is the background of the "Twin Peak" model leading to adaption of the model in Australia?

What the benefits and challenges of the "Twin Peak" model?

What are relevant legislation, regulations, and legal precedents are made where applicable to Twin Peak model?

What are role and functions of ASIC and APRA are discussed in establishing and maintaining the regulatory regime in Australia?

Please explain so I can learn. Thank you.

Reference no: EM133141755

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