Question: Scenario: James Is A Relationship Manager Specialising In Providing Finance To Small Businesses. James’s Sister Grace, Who Has A Master’s Degree In Marketing, Has Just Joined One Of The New Challenger Banks. She Is Actively Involved In The Launch Of A New Investment Fund Aimed At Mainstream Customers. The Fund Will Be Launched To Coincide With A …

Question: Scenario: James Is A Relationship Manager Specialising In Providing Finance To Small Businesses. James’s Sister Grace, Who Has A Master’s Degree In Marketing, Has Just Joined One Of The New Challenger Banks. She Is Actively Involved In The Launch Of A New Investment Fund Aimed At Mainstream Customers. The Fund Will Be Launched To Coincide With A …

Scenario: James is a relationship manager specialising inproviding finance to small businesses. James’s sister Grace, whohas a master’s degree in marketing, has just joined one of the newchallenger banks. She is actively involved in the launch of a newinvestment fund aimed at mainstream customers. The fund will belaunched to coincide with a major global climate conference in ayears’ time. It is aiming to invest in a range of internationalcompanies that can justify their claims of following green andsustainable practices in their core activities. The fund willpursue capital growth for its investors to be achieved in anethical way. Grace is optimistic that a number of high-profile,charitable, non-governmental organisations (NGOs), who are workingfor climate change will publicly endorse the fund. This supportwill be dependent on there being no investment in fossil fuels. Thefund will also give a preference to companies providing finance andtechnology in developing nations, as well as those companies whopromote social and economic equality. Two months later, Graceenquires whether any of James’ customers might be interested inbuying into her fund. She provides a list of names of investors,based all around the world, who want to invest substantial stakes.James notes that alongside the names of some large investors, shehas written “high profile and high net worth – possibly waive usualopening account formalities?” A well-connected gentleman based inthe Middle East has suggested that there are a number of renewableenergy firms, in which he has a stake, that could be included inthe investment portfolio. He has already invited Grace out to theGulf on an all-expenses paid trip to view these factories. OnGrace’s return, she described how the factories were heavilydependent on Southeast Asian labour. As a result, she wants to findout more about their terms of employment. James noticed that Graceis currently wearing a stylish heavy, gold bracelet. She mentionsthat it was given to her as a parting gift. Required: Withreference to the above scenario, answer all questions below.

1) With reference to relevant ethical theories, discuss thejustification for companies to offer ethical investmentopportunities as well as the possible disadvantages of doing so.(35 marks)

2) Evaluate the extent to which Grace is displaying the kind ofprofessional behaviour that you have studied. Outline further stepsGrace could take to support her professional development. (30marks)

3) Analyse the regulation that Grace’s bank and its staff needsto observe in the scenario. In your response, refer to relevantregulatory details, as well as identifying and assessing anylegislation that Grace needs to consider to ensure she isprotecting herself in addition to her bank.