1) Discuss the key differences between the focus of APRA and ASIC i.e. what areas they are most concerned with in relation to the entities that they regulate.Note this question is not about the types of entities e.g. Banks but the focus of regulation.

2) Provide details of a regulator who uses a statutory model and one that utilizes a co-regulatory model and give an example of how they do these, including any relevant documents/resources that they use in Australia.