QFA REGS
Be kind to yourself and keep practising!
QFA
Your REGS
time: 1 min. - SAMPLE PAPER
Correct
3 QUESTIONS 0 WITH
0%
Incorrect 100
CORRECT VERIFIED
ANSWERS
Your answers
1 of 100
Term
Under the Central Bank's Consumer Protection Code, an investment
intermediary is NOT required to provide a 'reason why' statement to
a consumer in relation to a proposed investment if the:
A investment carries a full capital guarantee at all times.
B consumer is an execution only consumer.
C consumer is a professional investor.
D consumer is seeking a basic term assurance policy.
Give this one a go later!
B
C
consumer is an execution only
Notify the Central Bank in writing
consumer
, C B
A housing loan to add an extension can appeal the decision to the High
to the consumer's home Court.
Don't know?
2 of 100
Term
Brown and Co, an insurance intermediary, must provide a receipt to
John when accepting from him a:
A cheque made payable to Brown and Co in respect of the renewal
premium payable on a term assurance policy.
B signed payroll deduction mandate for a Personal Retirement
Savings Account (PRSA) John is effecting at work.
C signed direct debit mandate for a personal pension plan John is
effecting.
D completed application form for a Buyout Bond in relation to the
transfer of an existing
Give this one a go later!
B B
the complaint has gone through the Must seek authorisation for each
PRSA provider's internal dispute type of retail financial product it
resolution process and remains wishes to arrange and/or provide
unresolved. advice on
C
A
ABD Ltd, a company with an annual
A cheque made payable to
turnover of €10 million, which is
Brown and Co in respect of
unhappy about the way its bank
, the renewal premium payable account has been operated by the
on a term assurance policy. bank
Don't know?
3 of 100
Term
Fiona is a sole trader. She has €60,000 invested in a personal
deposit account in a bank, and another €80,000 in her business
deposit account with the same bank. What is the MAXIMUM total
amount she could claim on the Deposit Guarantee Scheme in
respect of her two deposit accounts with this bank?
A €60,000
B €100,000
C €126,000
D €140,000
Give this one a go later!
B D
€100,000 (i), (ii) and (iii)
C C
(i) and (ii) only. Consumer Protection Code.
Don't know?
4 of 100
, Term
A MiFID investment firm covered by the Investor Compensation
Scheme is NOT allowed to:
A advertise the fact that the firm is covered by the scheme.
B give clients any information about the scheme.
C refer to the scheme in its Terms of Business.
D hold any client funds or assets.
Give this one a go later!
A
C
ACE Enterprises Ltd, which is listed
Communicate with customers in an
on the main market of the Irish
open and transparent manner.
Stock Exchange
A A
A dentist leasing equipment for his advertise the fact that the firm
dental practice. is covered by the scheme
Don't know?
5 of 100
Term
ABC Life Co can rely on Top Insurance Brokers Ltd, an insurance
intermediary, to carry out which of the following Customer Due
Diligence requirements on behalf of the life company?
(i) Identifying a customer.
(ii) Verifying the identity of the beneficial owner of a customer.
(iii) Obtaining information on the purpose of the business
Be kind to yourself and keep practising!
QFA
Your REGS
time: 1 min. - SAMPLE PAPER
Correct
3 QUESTIONS 0 WITH
0%
Incorrect 100
CORRECT VERIFIED
ANSWERS
Your answers
1 of 100
Term
Under the Central Bank's Consumer Protection Code, an investment
intermediary is NOT required to provide a 'reason why' statement to
a consumer in relation to a proposed investment if the:
A investment carries a full capital guarantee at all times.
B consumer is an execution only consumer.
C consumer is a professional investor.
D consumer is seeking a basic term assurance policy.
Give this one a go later!
B
C
consumer is an execution only
Notify the Central Bank in writing
consumer
, C B
A housing loan to add an extension can appeal the decision to the High
to the consumer's home Court.
Don't know?
2 of 100
Term
Brown and Co, an insurance intermediary, must provide a receipt to
John when accepting from him a:
A cheque made payable to Brown and Co in respect of the renewal
premium payable on a term assurance policy.
B signed payroll deduction mandate for a Personal Retirement
Savings Account (PRSA) John is effecting at work.
C signed direct debit mandate for a personal pension plan John is
effecting.
D completed application form for a Buyout Bond in relation to the
transfer of an existing
Give this one a go later!
B B
the complaint has gone through the Must seek authorisation for each
PRSA provider's internal dispute type of retail financial product it
resolution process and remains wishes to arrange and/or provide
unresolved. advice on
C
A
ABD Ltd, a company with an annual
A cheque made payable to
turnover of €10 million, which is
Brown and Co in respect of
unhappy about the way its bank
, the renewal premium payable account has been operated by the
on a term assurance policy. bank
Don't know?
3 of 100
Term
Fiona is a sole trader. She has €60,000 invested in a personal
deposit account in a bank, and another €80,000 in her business
deposit account with the same bank. What is the MAXIMUM total
amount she could claim on the Deposit Guarantee Scheme in
respect of her two deposit accounts with this bank?
A €60,000
B €100,000
C €126,000
D €140,000
Give this one a go later!
B D
€100,000 (i), (ii) and (iii)
C C
(i) and (ii) only. Consumer Protection Code.
Don't know?
4 of 100
, Term
A MiFID investment firm covered by the Investor Compensation
Scheme is NOT allowed to:
A advertise the fact that the firm is covered by the scheme.
B give clients any information about the scheme.
C refer to the scheme in its Terms of Business.
D hold any client funds or assets.
Give this one a go later!
A
C
ACE Enterprises Ltd, which is listed
Communicate with customers in an
on the main market of the Irish
open and transparent manner.
Stock Exchange
A A
A dentist leasing equipment for his advertise the fact that the firm
dental practice. is covered by the scheme
Don't know?
5 of 100
Term
ABC Life Co can rely on Top Insurance Brokers Ltd, an insurance
intermediary, to carry out which of the following Customer Due
Diligence requirements on behalf of the life company?
(i) Identifying a customer.
(ii) Verifying the identity of the beneficial owner of a customer.
(iii) Obtaining information on the purpose of the business
