Select a regulatory issue impacting the Canadian Financial Services Industry and answer the following questions: 1. Who governs the regulatory issue selected? (What regulator/regulators) and under what regulation? (Act or Regulation depending on the issue chosen) 2. What is the implication of the Financial Institution, the customer and society, of the issue if it/they are not addressed? 3. What would be a risk-based approach to managing the issue? 4. Would the issue be better managed via a rules-based approach or a principles-based approach? Explain.