COLLEGE OF BANKING AND FINANCIAL STUDIESDEPARTMENT OF UNDERGRADUATE PROGRAMME
B.Sc. in Accounting, Auditing and Finance
ASSIGNMENT BRIEF
Weightage: 30 %
Student Name & ST Number
Semester
Spring 2020-21
Assignment Title
A report on The Banking Law of Oman 2000
Module
Assessor:
Start Date:
Banking and Insurance
Company Accounting
22 March 2021
Due Date:
Draft 10 April 2021
Final – 24 April
2021
Internal Verifier
February – May 2021
Ms. Komal Khakhar
Ms. Kumutha Krishnan
Required Work, Format and Grading
You must submit the following by the assignment due date:
▪ Completed answers to each task, making sure that you fully address each of the outcome
criteria.
▪
▪
Answer all questions separately.
Assignments without TURNITIN report will not be accepted.
Resources:
You need to demonstrate a confident application of the theories to the assignment task. The theoretical
underpinning of your observations and deliberations should also demonstrate a good understanding of
the subject by the way that your analysis is structured.
You can access the Internet to research about the topic. You should demonstrate good academic
practice by the appropriate use of academic texts and journals that are properly referenced.
Guidelines and further information about assignment:
Assignment must be submitted with the “Turnitin” report. If the report generated indicates a
similarity index percentage of 20% or more, a review of your assignment is necessary to
ensure the same is reduced to less than 20%.
1
Student declaration:
I certify that the work contained in this assignment was researched and prepared by
me:
Signature: ___________________________
Date: ___________________
The user ID and Password for submitting the soft copy of the report
through TURNITIN is as follows:
Class ID: Morning – 28228371,
Password – BANKINGMB
Evening – 28228381, Password – BANKINGEB
Submission time and date
You should submit the assignment by the time and date mentioned otherwise a ‘NA’ will
be awarded. Fill in the form cover and staple it with your assignment. Make sure that all
the relevant details are complete. Assignments must be submitted by the due date. You
may include diagrams, figures etc without word penalty.
Plagiarism Writing
1. Plagiarism occurs if you use somebody else’s work in an assignment or exam
answer, but fail to state where you got the material from. You need to be also
very careful about the amount of words you are using from somebody else’s
work.
2. It can happen in any type of assessment where you are given the questions or
tasks in advance.
3. If another student uses your work in his/her answer(s), both you and he/she will
be punished when caught.
4. Punishments for committing plagiarism can be very severe.
Details
Plagiarism is a form of cheating in which students use the work of others and present it
as their own. It may include all or any one of the following –
2
1. Copy extensively from the work of others (from sources such as books,
magazines, journal, web-sites etc) and submit the work as your own.
2. Copy another students’ work and submit it for assessment under your own
name.
3. Allow another student to copy your work and then submit it for assessment
under their own name.
What happens if you get caught?
The examining body of CBFS may punish offending students in any manner that they
deem fit. Typical punishments may range from reduction in grades, making students resit modules and even failing students on a module or an entire award. The college
considers this form of cheating as a serious offence. Therefore be forewarned!
Scenario or Tasks :
Banking Law 2000, a revision of 1974 Law, sets its objectives, among others, to be the
promotion of development of banking institutions to ensure financial stability and growth
and empowering the Central Bank for maintenance of value of the domestic currency and
supervision of banking business. (https://cbo.gov.om/Pages/BankingLaw.aspx)
The learner of the course – Banking and Insurance Company Accounting are expected to
get acquainted with the regulatory system of the Sultanate’s Banking Industry. The
Banking Law is a comprehensive law to understand the structure of the banking sector.
BankingLaw.pdf
From the Banking Law 2000. You are expected write a report on the following aspects.
Topic
1
2
Marks
Allotted
Introduction of the Law – The Royal Decree and the Table of 4 marks
Content
Title Two – Central Bank of Oman,
5 marks
Chapter Two – Functions of the Central Bank
3
3
Title Three – Currency
5 marks
4
Title Four – Regulation of Banking
Chapter Three – Financial Requirements of Licensed Bank
Title Four – Regulation of Banking
Chapter Four – Powers of Licensed Bank
Assignment Total
Presentation – prepare 6 to 8 slides on the given topic. A
presentation on MS Team platform will be conducted. The
dates will be declared later.
TOTAL
5 marks
5
6 marks
25 marks
5 marks
30 marks
Important Instructions:
1. Your assignment should be neatly typed on A-4 size paper.
2. Font type and size: Times New Roman 12
3. Word count should not exceed 2000 words excluding the tables, calculations and
references, please ensure that your answers include all relevant information, data etc.
4. There should be proper referencing.
5. Please note that the Turntin Similarity Index is one of the many methods I will use to
determine originality of your work.
6. Please provide referencing for all the work cited by you in Harvard style referencing.
4
Assignment
Marks/Grades
Criterion
Knowledge
40%
Analysis
30%
90-100
A
Shows
wellcoordinate
d
understan
ding of
subject
Touches
upon all
relevant
issues/the
ory.
Concise
analysis
Research
10%
Excellent
referencin
g and
reading in
all areas
Relevance
10%
All
material
used is of
relevance
Excellent
conclusion
. Brings
together
all
concepts
and adds
an original
perspectiv
e
Conclusion
10%
85-89
ASound
understandi
ng of
subject
matter
74-84
B
Major
facts are
understoo
d
56-73
C
Shows
understan
ding of
basic
issues/the
ory
55-55
D
Minimal
understandi
ng of basic
issues/topic
0-49
F
No
understandi
ng of the
topic/subje
ct area
Detailed
coverage of
basic
concepts/th
eory.
Reasonable
coverage of
subtle
issues/theor
y
Use of upto-date
resources.
Well
informed
and
generally
accurate
information
provided.
Material
used is
relevant
Reasoned
argument
and
sequencin
g
Shows
evidence
of
understan
ding of
concepts.
Coverage
of obvious
ideas.
Fails to
identify
subtle
issues/theor
y. Captures
obvious
ideas.
No or
minimal
understandi
ng of the
key
theories/to
pic
Appropria
te
referencin
g
Adequate
referencin
g and
reading.
Weak
Poor
reading and referencing
referencing . Shows
lack of
reading/ref
erences out
of date
Discussio
n shows
relationshi
p to theory
Methods
incorporat
e
modificati
ons used
Some
material
repetitive
Some
repetitive
matter.
Irrelevant
Weak
conclusion
and
content.
Satisfactor
y
application
of
ideas/theor
y
Intelligent
conclusion.
Good
application
of
knowledge
Conclusio
n in place
but key
points
missing.
Reasonabl
e
applicatio
n of
knowledg
e
No
relevance
to subject
matter
Poor
conclusion.
Poor
knowledge
application.
5
Presentation
Marks/Grades
Criterion
Delivery
25%
90-100
A
Shows
wellcoordinate
d delivery
with
confidenc
e
85-89
ASound
coordinated
delivery
with
confidence
Methods
25%
Creative
Sound
quality of quality of
PPT slides PPT slides
Structure
25%
Shows
wellcoordinate
d logical
structure
& flow
Shows
wellcoordinate
d evidence
of
coherent,
insightful
&
explicitly
relevant
answer to
the
question
Content
25%
Sound
logical
structure &
flow
Sound
evidence of
coherent,
insightful
&
explicitly
relevant
answer to
the
question
74-84
B
Some
evidence
of
coordinate
d delivery
with
confidenc
e
Some
evidence
of quality
of PPT
slides
Evidence
of logical
structure
& flow
56-73
C
Basic
coordinate
d delivery
with
average
confidenc
e
55-55
D
Minimal
coordinated
delivery
with
limited
confidence
0-49
F
No
evidence of
coordinate
d delivery
with low
confidence
Shows
basic
quality of
PPT slides
Minimal
evidence of
quality of
PPT slides
No
evidence of
quality of
PPT slides
Shows
basic
logical
structure
& flow
Minimal
logical
structure &
flow
No
evidence of
logical
structure &
flow
Some
evidence
of
coherent,
insightful
&
explicitly
relevant
answer to
the
question
Shows
basic
coherent,
insightful
&
explicitly
relevant
answer to
the
question
Minimal
evidence of
coherent,
insightful
&
explicitly
relevant
answer to
the
question
No
evidence of
coherent,
insightful
&
explicitly
relevant
answer to
the
question
6