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Apply the CII Ethical Dilemma Resolution model to assess the ethics of the scenario and review the Social and Ethical implications of the specific case reviewed.

Prepare 1500-words essay requiring critical assessment of the activities and subsequent collapse of Wonga.

(Wonga.com, also known as Wonga, is a British payday loan provider of “short-term, high-cost credit” that was founded in 2006 and has operations in the United Kingdom, Spain, Poland and South Africa.)

Course work Assessment

This should include:

  1. Analysis of the role of appropriate Regulators within the scandal such as FCA, Pensions Regulator and Bank of England: should the situation have been prevented from happening?
  2. Apply the CII Ethical Dilemma Resolution model to assess the ethics of the scenario and review the Social and Ethical implications of the specific case reviewed.
  3. Suggest recommendations as to what could be done in the future to ensure that Corporate Managers uphold the highest standards of integrity and ethics in all business matters.
Assessment criteria State what Unit Learning Outcomes are being covered by the assessment
 

1.

Explain the roles and responsibilities of the key regulators within the financial services industry and their promotion of ethical, fair and compliance driven behaviour between firms, advisers and customers
 

2.

Analyse how the rules and principles set out in regulation, are Outcome applied in practice in order to meet the financial needs of the consumer

 

 

3.

Demonstrate an ability to apply the range of skills and competences required when advising clients in order to demonstrate the application of professional standards and behaviour

 

 

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