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(1.1) Explain FIVE (5) main objectives of government regulation in the Finance industry. Critically discuss whether there should be government intervention in the finance and

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(1.1) Explain FIVE (5) main objectives of government regulation in the Finance industry. Critically discuss whether there should be government intervention in the finance and banking sector. [20 marks) (12) Describe the following examples of government regulation: Disclosure Requirements [5 marks] Deposit Insurance [5 marks] Exposure Limits [5 marks] - Liquidity Requirements [5 marks] [Total 40 marks] Question C2 Required: Answer ALL questions 2.1) What is a financial system? Describe THREE (3) main components of a financial system. Name and explain TWO (2) examples for each of the three components. [20 marks] 2.2) What is FinTech? Give THREE (3) examples of the innovation of financial services and discuss the benefits they bring to the finance industry growth. [20 marks] [Total 40 marks]

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