Understanding market dynamics and keeping abreast of developments are essential skills for professionals in the financial sector. This section provides an overview of the key factors influencing the markets and the main actors within the financial landscape. It also explores banking and insurance activities, financial legislation and regulation and consumer affairs.
The financial sector and the entities operating in the sector are affected by numerous factors, including globalisation, digitalisation, social change, customer behaviour, fiscal policy, interest rate and currency exchange policies and economic cycles. Likewise, the sector is shaped by the growing importance of securities markets and the changes in the levels, composition and distribution of wealth. It is crucial for professionals in the sector to be aware of these influences and understand how they affect their work.