Circular
S/IF/08/05 February 2005
TO: The Principals of Post-primary Schools and Director of Institutes of Further and Higher Education
For Circulation to: The Head of Business Studies Department and Teachers responsible for the delivery of GCSE Financial Services
GCSE Summer 2005
Financial Services
Unit 3
The Operation of the Financial Services Industry
In response to feedback received from pilot centres it has been decided to amend the format of the pre-release material that accompanies Unit 3 (the written examination).
With effect from the forthcoming Summer 2005 examination series, the pre-release material will now take the form of a number of individual resources labelled Resource 1, 2, 3 etc. The questions in Section B of the examination paper will now refer to specific resources. It is hoped that this will give clearer directions to candidates in the examination.
A revised exemplar paper will be circulated to show the revised format.
The Financial Services industry has received much media attention recently. Topics have included the introduction of chip and pin technology, increasing levels of consumer debt, the sale of the Northern Bank to the Danske Bank Group and the robbery at the Northern Bank headquarters in December.
It is always worthwhile encouraging your students to keep abreast of such issues. Newspapers, the Internet and TV programmes are useful sources of information.
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