CISI Regulations Final Exam Study Questions with COMPLETE SOLUTIONS (LATEST 2024]

CISI Regulations Final Exam Study Questions with COMPLETE SOLUTIONS (LATEST 2024] How many days do clients get to cancel an OEIC investment (when they receive a cancellation notice)? (Chapter 4) - CORRECT ANSWER 14 How long should MiFID client confirmation copies be kept? (Chapter 4) - CORRECT ANSWER 5 years How long should non-MiFID client confirmation copies be kept? (Chapter 4) - CORRECT ANSWER 3 years How long should pension transfer cancellation records be kept? (Chapter 4) - CORRECT ANSWER Indefinitely How frequently should valuation statements be provided to retail clients? (Chapter 4) - CORRECT ANSWER Semi-annually Who has established the standard method of client reconciliation? (Chapter 4) - CORRECT ANSWER FCA If A is an agent for B but A is your client, who do you consider your client? (Chapter 4) - CORRECT ANSWER A Does MiFID or non-MiFID client categorisation take precedence? (Chapter 4) - CORRECT ANSWER MiFID When would Eligible Counterparties be reclassified as per se professional clients? (Chapter 4) - CORRECT ANSWER When they take (provide) investment advice What do non-advised sales relate to? (Chapter 4) - CORRECT ANSWER Discretionary portfolio management