CISI Exam Sample Paper | Questions with 100% Correct Answers | Updated & Verified

Why does the FCA publish thematic reviews? A to assess whether a new rule is delivering its intended aim B when they have identified issues they wish the industry to take note of C in order to provide an update on what the FCA has delivered D to explain their future role and priorities - A to assess whether a new rule is delivering its intended aim In granting authorisation to a firm under its threshold conditions, which of the following BEST describes how the FCA addresses a firm's application? A It compares the firm's application against the specific threshold conditions B It considers whether the firm satisfies and will continue to satisfy the threshold conditions C It provides a statement of objectives under the threshold conditions, which the applicant firm is expected to meet D It examines the application against its own threshold conditions regarding the suitability of the applicant firm - B It considers whether the firm satisfies and will continue to satisfy the threshold conditions 27 When a firm appoints a representative to act on its behalf regarding financial promotions, what FCA rules, if any, apply? A Any business by the representative is treated as being undertaken by the authorised person B The representative is not an authorised person so cannot be subject to specific Conduct of Business promotion rules