Page 54 - CAPE Financial Services Syllabus Macmillan_Neat

UNIT 2
MODULE 2: COMPLIANCE LEGISLATION AND STATUTES (cont’d)

Suggested Teaching and Learning Activities

To facilitate students’ attainment of the objectives in this Module, teachers are advised to engage
students in the following teaching and learning activities which may be done separately or merged to
facilitate sequencing and the completion of the SBA task. Teachers should use cooperative grouping
and simulation as often as possible to afford students the opportunity to have authentic and
meaningful experiences.

1. Identify a YouTube video that introduces the concept of regulatory compliance and have
students view this and have a discussion.

2. Organise a lecture series with the Central Bank or any other relevant financial institution on
the topic of compliance and its application to financial services. Preceding the lecture series,
provide students with a questionnaire with a series of questions pertaining to the content
area of compliance. Students should complete the questionnaire at the end of the lecture.
They should also use the opportunity to pose questions to the Lecturer.

3. Organise virtual tours or field trips for students to experience relevant areas of regulatory
compliance. Students may be divided into groups assigned to observe specific activities during
tour. Subsequent to the tour, each group should be asked to present their information to the
class.

4. Assign students to groups in which they develop a script and perform the roles of persons
such as regulators, customers, and financial service providers to demonstrate their
understanding of the functions of each person and position. When the assignment is
completed, students will be provided with a checklist or rubric for them to assess whether or
not all aspects were appropriately addressed by the groups.

5. Divide student into teams to debate the moots: Financial regulators are essential to the
continuity of financial services; Foreign Account Tax Compliance is essential to offshore
banking.

6. Provide students with international and Caribbean cases for them to read and analyse. They
should prepare a SWOT analysis of the case, identify the core issue, select alternatives, and
prepare recommendations.

7. Arrange for Guest Lecturers from the financial services industry to visit the school. Prepare
questions pertaining to the topics to be addressed. These may be discussed to some extent so
that students may have an idea of the major focus. After the lecture, the students will be
required to answer the questions. The answers are to be marked, and then discussed with the
class so that misunderstandings can be cleared up.

8. Divide students into teams and engage them in a debate on the Moot: Ponzi Schemes should
be legalised.

CXC A38/U2/16 49