Complete an assignment

1) Discuss statutory, co-regulatory and self-regulatory frameworks, including advantages and disadvantages of each As part of your response provide a relevant example of each framework in practice.   2) Provide details of a regulator who uses a statutory model and one that utilises a co-regulatory model and give an example of how they do this, including any relevant documents/resources that they use.   3) Provide details of three investment based products, what is their purpose and an example of how each would be used by a consumer.   4) 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.   5) Bill Jones is a public servant and he and Mary have recently married. They have decided that they want to purchase their first home together. They have been referred to a mortgage broker – Getting Started Loans, and speak to Fred Smith there. Fred generally uses the ABC bank for his clients as not only do they offer a good interest rate for clients but Fred also receives and additional $1K on top of his normal fees for each loan he introduces there. 1) Outline what documents are to be provided to Bill and Mary as part of this process. 2) Identify what Fred's role is 3) Discuss conflicts of interest and whether there are any conflicts identifiable in the scenario - if yes, how should these be handled.