Referring to the article "2020 banking and capital markets outlook: Fortifying the core for the next wave of disruption" (Srinivas, Schoeps, Ramsay, Wadhwani, Hazuria & Jain, 2020) and the working paper "Financial re-regulation since the global crisis?: An index-based assessment" (Denk & Gomes, 2017).

Question 1: Explain the anticipated volatile situations in the global financial markets, or challenges to regulatory bodies.

Question 2: Summarise from the article.

Question 3: Discuss ANY TWO of the following.

• bank management principles
• roles of central banks
• monetary policies to maintain stability of financial markets
• future development in financial regulations