Explain what a profession is and identify the application of governance law and practices in the national and international context.

Learners may use their own employment context, or that of another organisation with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario:

Lloyds Banking Group is a leading provider of financial services to individual and business customers in the UK. Its main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. It provides services under a number of well-recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows and through a range of distribution channels including the largest branch network in the UK and a comprehensive digital proposition. The Group is quoted on the London Stock Exchange and the New York Stock Exchange and is one of the largest companies in the FTSE 100 index of leading UK companies.

Read the 2016 Annual Report of Lloyds Banking Group entitled “Helping Britain Prosper” available online and carry out appropriate analyses of the ethical and corporate governance policies adopted by Lloyds Banking Group. You are encouraged to use relevant data/information from company websites.

Task 1 – 500 words

Explain what a profession is and identify the application of governance law and practices in the national and international context.

: Explain what a profession is and the professional institutes.

: Identify the law and practices prevailing in the national and international context.

: Critical evaluate the framework on the national and international perspective.

Assessment Criteria
: Explain what a profession is and the professional institutes.

: Identify the law and practices prevailing in the national and international context.

: Critical evaluate the framework on the national and international perspective.

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