Prudential committee Study guides, Study notes & Summaries

FCA - correct answer - Financial Conduct Authority (United Kingdom regulatory authority) - Focus on the conduct regulation of all firms - Be responsible for the prudential supervision of firms not prudentially supervised by the PRA - Combat financial crime as part of the 'Integrity' operational objective - Act as the UK Listing Authority (UKLA) - Be responsible for overseeing the FOS, the Money Advice Service (MAS) and (jointly with the PRA) the FSCS PRA - correct answer ...

5 members of the Council of Financial Regulators (CoFR) - correct answer 1. RBNZ 2. FMA 3. Commerce Commission 4. MBIE 5. The Treasury What is the RBNZ responsible for? - correct answer Overall stability of the financial system, the national payments infrastructure as well as monetary policy via the Monetary Policy Committee (MPC) as defined in the Remit. Administers provisions which are covered in the RBNZ Act 2021. This Act increases transparency and accountability of the Reserve Ban...

competition and markets authority - Answer- The body responsible for strengthening business competition and preventing and reducing anti-competitive activities. counterparties - Answer- People and organisations (eg companies) who lend money to and borrow from financial intermediaries (ie financial institutions such as banks) divestment - Answer- The process of selling off parts of a company to make it smaller, eg the Lloyds sell-off that created new TSB branches. financial intermediary ...

competition and markets authority - Correct Answer The body responsible for strengthening business competition and preventing and reducing anti-competitive activities. counterparties - Correct Answer People and organisations (eg companies) who lend money to and borrow from financial intermediaries (ie financial institutions such as banks) divestment - Correct Answer The process of selling off parts of a company to make it smaller, eg the Lloyds sell-off that created new TSB branches. fi...

FATF objectives are to set standards and promote effective implementation of _________, ____________, and ___________ for combatting ML, TF and other related threats. legal, regulatory and operational measures Starting with its own members, FATF: Monitors countries' progress in implementing the FATF Recommendations Reviews ML/TF techniques and counter-measures Promotes the adoption and implementation of the FATF Recommendations globally. FATF fulfills its stated objects by spr...

All the questions of the exam written on the 6th of October 2021 answered. Guaranteed pass. Q and A - October/November exam 2021

RSK4802 QUESTIONS AND ANSWERS REVISION STUDY PACK lOMoARcPSD| QUESTION1 QUESTION2 With the aid of a diagram, identify the 5 steps in the Risk Management process. Discuss the NB9s of each steps in the context of any organization of choice. 1. Identify potential risks What can possibly go wrong? The four main risk categories of risk are hazard risks, such as fires or injuries; operational risks, including turnover and supplier failure; financial risks, such as economic r...

ECS2605 UPDATED EXAM PACK (Including May/ June 2020 - 2021 Memo) SECTION A – COMPULSORY ESSAY QUESTIONS Answer ALL of the following questions in the space provided. Section A counts 20 marks in total. (a) What is a credit rating? (2) A credit rating is an evaluation of the credit risk of a prospective debtor, predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. (b) Why does South Africa’s recent sovereign credit ratin...

What is the difference between supervision by portfolio and dedicated supervision teams? correct answers Supervision by portfolio - FCA supervises portfolio companies that share common business model. Dedicated supervision teams - FCA looks after firms with the greatest potential to have an impact on consumers and markets. What are the 8 supervisory principles? correct answers 1) Forward looking 2) Focus on strategy and business model 3) Focus on culture and governance 4) Focus on individ...

LIBF Unit 4 Topic 1 Study guide question sections. 100% Coverage, rated A+ Competition and Markets Authority (CMA) - -The body responsible for strengthening business competition and preventing and reducing anti-competitive activities. Counterparties - -People and organisations (eg companies) who lend money to and borrow from financial intermediaries (ie financial institutions such as banks). Credit Union - -A mutual organisation (that is, owned by its members) that provides a range of...