FMS by 305662

Week 1 -Topic 1

leeliyeearmyworr — 2025-03-26 09:35:08 UTC

1. Identify and critically evaluate the respective roles of the state and private sectors in the provision of healthcare, education and welfare in your country. To what extent do you consider that the two sectors complement or compete with each other?

2. What forms of mutual financial services provision take place in your country? Compare and contrast the ways in which mutuals and proprietary providers serve the needs of your country’s citizens.

3. Which body (or bodies) is responsible for the regulation of financial services in your country? What are its principal goals, and to what extent do you think it is successful in achieving them?

4. How are the provision of financial advice and sale of financial services products regulated in your country? To what extent do you think those regulations safeguard the interests of private consumers and business customers?

5. Some people would argue that the resources devoted to corporate social responsibility (CSR) represent theft from the shareholder. How do you feel that CSR impacts upon the interests of various stakeholder groups?

Week 3 - "What have your learned from Dr. Muhaizam"

leeliyeearmyworr — 2025-04-06 15:05:15 UTC

1. Definition:

Financial services include any product or service of a financial nature traded in financial markets. These are often referred to as financial instruments.

2. Classification:

Financial services can be categorized in various ways, such as:

Interest structure: Fixed or variable rates.

Maturity: Short-term or long-term.

Type of provider: Offered by deposit-taking institutions (like banks) or non-deposit-taking intermediaries (like insurance companies or investment firms).

3. Scope:

The financial services sector is large and includes many instruments—such as equity release schemes or long-term care plans in the consumer market.

4. Marketplace:

It is a global and diverse marketplace, serving:

Retail customers (individuals)

Businesses and corporations

Other financial institutions

5. Core activity - Intermediation:

Financial institutions (FIs) act as intermediaries. They:

Create assets for savers (like savings accounts or bonds)

Create liabilities for borrowers (like loans or mortgages)

This setup is often more beneficial for both parties than if they dealt with each other directly.

Week 2 - Topic 2

leeliyeearmyworr — 2025-04-07 01:41:26 UTC

1. What is meant by the term gateway product, and to what extent do you believe that the current account performs such a role in your marketplace?

2. In what ways has the business-customer sector benefited from new forms of competitor in the fields of banking and insurance?

3. How has technological innovation impacted upon product supply and services delivery in your country?

4. What incentives does your government give to encourage its citizens to save for their future?