Question: I only need help with question three. I have completed the first two, but I am struggling with the last question. So if I could
I only need help with question three. I have completed the first two, but I am struggling with the last question. So if I could please get help with it, I would appreciate it. To help the expert, I have attached the link to the article to get ideas since it won't let me upload more than one image. Like I said above, I only need help with this question 3) whether the introduction of more regulation might resolve the identified issues in the banking industry. Thank you https://static1.squarespace.com/static/5c982bfaa5682794a1f08aa3/t/5fbb4cd3eead1a267e789eb4/1606110422835/ASFI+Roadmap+Media+Release+Nov+2020.pdf
1 . . 1 . . 2 . 5 . 1 . 6 . 1 . 7 . 1 . 8 . 1 . 9 . 1 . 10 . 1 . 11 . 1 . 12 . 1 . 13 . 1 . 14 . 1 . 15 . 1 . 1 . 17 . 1 Option 1 You are a junior accountant of a top-tier accounting firm, and a client has contacted your firm regarding the Government's plan to introduce a new regulation for Australia's financial system. Mr Archie Thor is the CEO of a client company, MARVEL Group, which is one of the leading financial companies in the Australian banking industry. After he had read the article (click here for the article) regarding the introduction of regulation for sustainable finance, he contacted your accounting firm seeking some advice on this matter. Mr Thor would like to be made aware of relevant issues that could affect the ongoing management and the legitimacy of the company (MARVEL Group). In particular, he is questioning what impact he should anticipate with the introduction of more regulations and what that might mean for the preparation of the financial reports. Instead of a mere explanation of diverse theoretical / perspectives of regulations, he would like to learn from your presentation that what practical impacts more regulation would bring to his business and the preparation of financial reports, and what interests some stakeholders such as the public, the regulators and the investors might have in relation to the introduction of more regulation. You have been asked by a senior partner to prepare a written brief and presentation addressing the concerns of the client. You need to advise the client on 1) the multiple viewpoints from the public's perspective, the investors' perspective and the regulators' perspective. Explain to the client 2) what issues AND impacts there are with the potential increase in regulation and 3) whether the introduction of more regulation might resolve the identified issues in the banking industry. You also need to support your points with relevant examples. Also, you need to present a balanced and ethical viewpoint. Focus