Using Banking Law Jargon, answer the following questions: 1) Describe and discuss four of the advantages of the role of the Central Bank as “lender of last resort”. 2) Describe and discuss how correspondent banks help fight Money Laundering, Terrorism Financing and/or Proliferation Financing. 3) Describe shadow banking and FinTech and give one example of FinTech. Is it fair to state that FinTEch is a form of shadow banking. If so or if not, please explain why. 4) Describe prudential regulation and define and distinguish between macro and micro prudential regulation. What is the purpose of prudential regulation?

Using Banking Law Jargon, answer the following questions: 1) Describe and discuss four of the advantages of the role of the Central Bank as “lender of last resort”. 2) Describe and discuss how correspondent banks help fight Money Laundering, Terrorism Financing and/or Proliferation Financing. 3) Describe shadow banking and FinTech and give one example of FinTech. Is it fair to state that FinTEch is a form of shadow banking. If so or if not, please explain why. 4) Describe prudential regulation and define and distinguish between macro and micro prudential regulation. What is the purpose of prudential regulation?