(Answered) 1 describe the key role of the financial system and explain

Management Studies

1) Describe the key role of the financial system and explain why it is important to the broader economy to have an efficient and effective financial system?

2) Examine the main regulations in Australia and their overseas counter parts, and evaluate the changes that have been implemented post the global financial crisis.

3) Explain what is meant by 'novation', and how it impacts upon risk.

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