CISI Financial Regulations Exam
With Complete Questions and
Answers | All Questions and
Correct Answers | Graded A+ |
Verified Answers | Just Released
Save
Terms in this set (129)
,A firm engaging Engaged in execution only trades
in a transaction
triggered the Appropriateness is for non-advised
COBS trades and protects both
requirement to professional and retail clients. The
display proof of most likely factor to trigger the
appropriateness requirement to assess
for the appropriateness is the execution
transaction only service, specifically when
because the relating to a complex product.
client:
Interest earned on client money
Uncleared cheques
Examples of Amounts deposited by the client to
client money be held on discretion
Not: Monies due to the firm
, The presence of written
procedures in relation to
investigating complaints
In relation to The creation of written procedures
customer in relation to responding to
complaints, the complaints
following are Disclosure of the right to refer the
compulsory: complaint to the Financial
Ombudsman Scheme
NOT: always paying compensation
- Other authorised firms
- Overseas financial institutions
- Supranational institutions,
Eligible
governments and central
claimants
administrative authorities
excludes the
- Provincial, regional, local and
following:
municipal authorities; and
- Large companies or large mutual
associations
, Sent when the FCA believes that
there is sufficient evidence to
suggest wrongdoing has taken
place and it intends to discipline
Warning notice
The warning notice is sent after the
FCA investigation. A firm can make
a representation to the RDC based
on this notice.
Example of an Property - purchase of property is
investment not not classed as a designated
protected by investment business
COBS:
In relation to an The information provider must be
authorised firm based in the UK
placing reliance
on others for
information,
which of the
following is not
a qualifying
criteria?
With Complete Questions and
Answers | All Questions and
Correct Answers | Graded A+ |
Verified Answers | Just Released
Save
Terms in this set (129)
,A firm engaging Engaged in execution only trades
in a transaction
triggered the Appropriateness is for non-advised
COBS trades and protects both
requirement to professional and retail clients. The
display proof of most likely factor to trigger the
appropriateness requirement to assess
for the appropriateness is the execution
transaction only service, specifically when
because the relating to a complex product.
client:
Interest earned on client money
Uncleared cheques
Examples of Amounts deposited by the client to
client money be held on discretion
Not: Monies due to the firm
, The presence of written
procedures in relation to
investigating complaints
In relation to The creation of written procedures
customer in relation to responding to
complaints, the complaints
following are Disclosure of the right to refer the
compulsory: complaint to the Financial
Ombudsman Scheme
NOT: always paying compensation
- Other authorised firms
- Overseas financial institutions
- Supranational institutions,
Eligible
governments and central
claimants
administrative authorities
excludes the
- Provincial, regional, local and
following:
municipal authorities; and
- Large companies or large mutual
associations
, Sent when the FCA believes that
there is sufficient evidence to
suggest wrongdoing has taken
place and it intends to discipline
Warning notice
The warning notice is sent after the
FCA investigation. A firm can make
a representation to the RDC based
on this notice.
Example of an Property - purchase of property is
investment not not classed as a designated
protected by investment business
COBS:
In relation to an The information provider must be
authorised firm based in the UK
placing reliance
on others for
information,
which of the
following is not
a qualifying
criteria?
