FSM520 - The Business and Regulation of Financial Services

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Last revision date May 25, 2020 12:07:58 AM
Last review date Aug 3, 2020 12:15:02 AM

Subject Title
The Business and Regulation of Financial Services

Subject Description
This course introduces learners to the makeup and operational environment of the financial services industry including an overview of the regulatory environment within which the financial services industry operates. Learners will be introduced to the financial services regulatory structure at both the federal and provincial levels and current rules and regulations that affect the sector.

Credit Status
FSM520 is a required subject in the Bachelor of Commerce Financial Services Management degree program.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Identify and explain the forces of change that are impacting on the regulation of the financial services industry in Canada.
  2. Evaluate the impact of market fluctuations on risk management and compliance.
  3. Articulate the relationship between ethics, codes of conduct, compliance and regulations.
  4. Articulate the respective roles and responsibilities of the various regulatory bodies and industry associations in the financial services industry.
  5. Analyze a compliance issue within a regulatory context.
  6. Explain the functional role of a compliance officer.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.