Topic outline

  • Unit 10: The Future of Global Markets

    This unit will investigate future trends that will likely define the next decade in international markets. It will examine how financial regulations affect financial institutions and explain how financial technology plays a role in shaping the offering of financial products and services, from cryptocurrencies to digital securities.

    Completing this unit should take you approximately 4 hours.

    • Upon successful completion of this unit, you will be able to:

      • analyze the political, economic, and financial challenges facing the EU as a common market;
      • assess how regulations governing KYC and AML have affected banking services and how they could affect the banking sector; and
      • identify new trends, such as Islamic finance and cryptocurrencies, in global financial markets.
    • 10.1: Global Banks and Regulations

      • Anti-money-laundering (AML) laws and Know Your Customer (KYC) play an important role in financial institutions' operations. Implementing these has an effect on financial institutions' provision of services. Here you will understand how these affect financial institutions. What are some of the measures financial institutions take to combat money laundering?

    • 10.2: The Future of the EU and the Eurozone

      • Although the Euro was not designed in a way to allow countries to seize using the common currency by way of reversal to an old currency or by adoption of a new one, there have been instances where this farfetched option was considered, particularly in the wake of the Greek crisis. Do you think leaving the Eurozone is advantageous?

      • Among the many advantages of being part of the European single market, the European project faces many difficulties and challenges. In this article, you will understand more about these challenges. What is the most prominent challenge facing the European Single Market?

      • This paper discusses the fiscal policy and fiscal discipline in the EU. Which approach do you think the EU is moving to?

    • 10.3: Trends in International Finance

      • Cryptocurrencies and blockchain technology are some of the means of how technology is entering the financial world. As technology advances, so does the financial products and the provision of these products and services. After watching this video and going through the attached slides, you will learn more about how technology is shaping the world of finance. Is the emergence of multiple non-central bank-backed cryptocurrencies threatening traditional central bank-backed currencies?

      • Here, you will learn more about Islamic Finance and how it can contribute to financial services. What do you think the next innovative financial product or service after Islamic financing and cryptocurrencies will be?

    • Unit 10 Assessment

      • Take this assessment to see how well you understood this unit.

        • This assessment does not count towards your grade. It is just for practice!
        • You will see the correct answers when you submit your answers. Use this to help you study for the final exam!
        • You can take this assessment as many times as you want, whenever you want.