3000-word essay including a footnote. OSCOLA footnote style used. 1500 words for each question:
(1) Country B is planning to introduce a legal framework establishing a macroprudential authority. It debates whether the macroprudential authority should be a committee and whether it should be within Country B’s central bank. Advise Country B on the advantages and disadvantages of such an institutional structure and suggest alternative governance structures where appropriate.
(2) You chair a resolution authority in County C and estimate that a financial institution is likely to fail. You seek advice on whether the financial institution should enter into resolution and, if so – which tools should be applied (including their relative advantages and disadvantages).
NOTE: The writer must read the lecture notes, slides, and guidelines I attached. The essay has to be relevant to what it has the lectures. The paper will be submitted to one of the prestigious universities, so plagiarism and AI-generated content are highly prohibited. I will work closely with the writer, aiming to get a distinction from this report.
Link to how to cite in OSCOLA footnote: https://libguides.kcl.ac.uk/reference/legalfootnotes