CII R01 Chapter 5 Exam 2025
Questions and Answers 100% Pass
Main regulators since 2013 - ✔✔Bank of England
Prudential Regulation Authority
Financial Conduct Authority
Bank of England - ✔✔maintaining economic and financial STABILITY
strategy at least every 3 years
FPC monitors and takes action against systemic risks
to PROTECT and is part of the bank of england
Financial Policy Committee - ✔✔FPC
part of bank of england
monitors and takes action against systematic risks
they set the countercyclical capital buffers ,sectoral capital requirements, leverage
requirements, loan to value lending limits, loan to interest cover ratio limits
FPC has power to reject treasury ideas
meeting twice a year
Prudential regulation authority - ✔✔PRA
created in 2012
regulates large providers
COPYRIGHT © 2025 BY EMILLY CHARLOTTE, ALL RIGHTS RESERVED 1
, works alongside FCA
promote safeness and financial soundness of the firms
promote effective competition in the market
it uses regulation and supervision
board is accountable to parliament
Financial Conduct Authority - ✔✔FCA
2013
promote effective competition
make sure markets function well
regulate conduct of FS firms
protect customers and integrity
reports to treasury
Market abuse regulation - ✔✔MAR
July 2016
increase market integrity
FSCP - ✔✔financial services consumer panel
independent
set up to represent consumers in development of FCA policy
FCA practitioner panel - ✔✔external independant input from the point of view of
industry into development of FCA policy
senior level reps from major regulated sectors
Smaller business practitioner panel - ✔✔practitioners representing firms of small or
medium size within their sector
aim to have representation from firms across the range of regulated activities
COPYRIGHT © 2025 BY EMILLY CHARLOTTE, ALL RIGHTS RESERVED 2
Questions and Answers 100% Pass
Main regulators since 2013 - ✔✔Bank of England
Prudential Regulation Authority
Financial Conduct Authority
Bank of England - ✔✔maintaining economic and financial STABILITY
strategy at least every 3 years
FPC monitors and takes action against systemic risks
to PROTECT and is part of the bank of england
Financial Policy Committee - ✔✔FPC
part of bank of england
monitors and takes action against systematic risks
they set the countercyclical capital buffers ,sectoral capital requirements, leverage
requirements, loan to value lending limits, loan to interest cover ratio limits
FPC has power to reject treasury ideas
meeting twice a year
Prudential regulation authority - ✔✔PRA
created in 2012
regulates large providers
COPYRIGHT © 2025 BY EMILLY CHARLOTTE, ALL RIGHTS RESERVED 1
, works alongside FCA
promote safeness and financial soundness of the firms
promote effective competition in the market
it uses regulation and supervision
board is accountable to parliament
Financial Conduct Authority - ✔✔FCA
2013
promote effective competition
make sure markets function well
regulate conduct of FS firms
protect customers and integrity
reports to treasury
Market abuse regulation - ✔✔MAR
July 2016
increase market integrity
FSCP - ✔✔financial services consumer panel
independent
set up to represent consumers in development of FCA policy
FCA practitioner panel - ✔✔external independant input from the point of view of
industry into development of FCA policy
senior level reps from major regulated sectors
Smaller business practitioner panel - ✔✔practitioners representing firms of small or
medium size within their sector
aim to have representation from firms across the range of regulated activities
COPYRIGHT © 2025 BY EMILLY CHARLOTTE, ALL RIGHTS RESERVED 2
