Explain the principles of effective financial regulations, Business Law and Ethics

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Question 1:

a) Explain the four principles of effective financial regulations.
b) Describe briefly the various regulatory tools used to achieve objectives of financial regulators.

Question 2:

a) What are the main elements of an effective anti-money laundering (AML) framework?

b) "AML strategies often fail because of poor domestic and international co-operation." Discuss

Question 2:

a) What do you consider as the main challenges of financial regulation in Mauritius?

b) How can these challenges be addressed?

Question 3:

"The financial and economic crisis that started in 2007 derive from regulatory failures only." Discuss


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