1. 
   
   1. With reference to the operational objectives of the regulator of a jurisdiction and sector of your choice:

2.  

   1. Explain why the approach to recruitment and remuneration taken by a regulated firm would be of interest to the regulator and why weaknesses in this would raise concern.

3.  

   1. Demonstrate why it would be necessary for the regulator to take action if such weaknesses were identified and what form this action could potentially take.

4.  

   1. Summarize what a firm could do to mitigate against the likelihood of weaknesses arising in this area.

5.  

   Illustrate your answers with relevant examples.