UK Regulation & Professional Integrity (Investment Advice Diploma) Quiz 07

Last Updated: June 2024

Table of Contents

UK Regulation & Professional Integrity (Investment Advice Diploma)
Element 1 The UK Financial Services Sector
On completion, the candidate will be able to:
1.1 understand the factors that influence the UK financial services sector
1.1.1 the role of the government in the economy:
• Policy
• Regulation
• Taxation & social welfare
1.1.2 the role of financial investment in the economy:
• Primary Markets
• Secondary Markets
• Balance of Payments
• Exchange Rates
1.1.3 the role and structure of the global financial services sector and its
key participants:
• UK
• Europe
• North America
• Asia
1.1.4 the role of government and central banks in financial markets:
• Interest rate setting process
• Money market operations and quantitative easing
• Fiscal policy
• Other interventions
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1.1.5 the main stages of economic, financial and stock market cycles,
including:
• National income
• Global influences
• Long-term growth trends
1.1.6 the impact of global trends:
• Globalisation of business, finance and markets
• Advances in technology
• Regulatory challenges

Element 2 UK Financial Services and Consumer Relationships
On completion, the candidate will be able to:
2.1 understand the main financial risks, needs and priorities of UK
consumers
2.1.1 Balancing, budgeting and managing finances; debt acquisition and
accumulation
2.1.2 Lifestyle changes and their impact on finances. Funding and
safeguarding major investments, including:
• Housing
• Incapacity
• Unemployment and unplanned difficulty in earning income
• Income provision during retirement and old age
• Taxation
2.1.3 Provision for dependants before and after death
UK Regulation and Professional Integrity
Version 16 © Chartered Institute for Securities & Investment 11
2.2 UK Consumers
2.2.1 understand how the main financial risks, needs and priorities of UK
consumers are typically met:
• Financial planning and financial advice
• State benefits
• Credit finance and management
• Mortgages
• Insurance and financial protection
• Retirement and pension funding
• Estate and tax planning
• Savings and investment
2.3 Professional Conduct and Ethical Practice
2.3.1 understand how professional conduct and ethical practice can
directly affect the experience and perception of consumers

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