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CISI questions with correct answers

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Lisbon Council 2000 - Answer FSAP was formulated FSAP, Key points - Answer Financial services Action Plan, - Single whole sale market - Open and secure retail market - Regulation of this market - State of the Art supervision ESA, origin, Subgroups - Answer European Supervisory Authority, Lavoisiere group review, ESMA EBA EIOPA ESRB, functions - Answer European Systematic Risk board, improves coordination between ESAs and macro prudential oversight ESMA - Answer European Securities and Markets Agency EBA - Answer European Bank Agency EIOPA - Answer European Insurance and Occupational Pensions Agency Lamfalussy Process, Purpose, key points - Answer Improve equality and effectiveness of Financial services: - Network of Regulators - Consults firms about their ideas and create understanding - Accomodate Technological Changes

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