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QFA Regulations chpt 1 Exam Questions And Answers
[Show more]QFA Regulations chpt 1 Exam Questions And Answers
[Show more]The primary objective of structural regulation of financial services firms is to: 
A minimise risks to the financial system. 
B ensure financial services providers remain solvent at all times. 
C ensure only those with sufficient financial standing and integrity can become financial services firms....
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Add to cartThe primary objective of structural regulation of financial services firms is to: 
A minimise risks to the financial system. 
B ensure financial services providers remain solvent at all times. 
C ensure only those with sufficient financial standing and integrity can become financial services firms....
A need to accumulate a capital sum from regular surplus income over a period of time is which type of personal financial need? 
 
A Savings 
B Investment 
C Protection 
D Loan - ANS A 
 
1.1 - Main types of personal financial needs 
 
The primary financial need of a client in their 60s is l...
Preview 3 out of 25 pages
Add to cartA need to accumulate a capital sum from regular surplus income over a period of time is which type of personal financial need? 
 
A Savings 
B Investment 
C Protection 
D Loan - ANS A 
 
1.1 - Main types of personal financial needs 
 
The primary financial need of a client in their 60s is l...
In relation to its dealings with customers in the US, a business based in Ireland is directly subject to WHICH form of investment risk? 
A Exchange rate. 
B Liquidity. 
C Interest rate. 
D Inflation. - ANS A 
 
1.1 - Financial Services Market - Functions 
 
Maturity transformation in relatio...
Preview 3 out of 23 pages
Add to cartIn relation to its dealings with customers in the US, a business based in Ireland is directly subject to WHICH form of investment risk? 
A Exchange rate. 
B Liquidity. 
C Interest rate. 
D Inflation. - ANS A 
 
1.1 - Financial Services Market - Functions 
 
Maturity transformation in relatio...
A lender generally charges a lower interest rate on a housing loan because: 
A the loan is secured against the property. 
B they are required to do so by the Consumer 
Credit Act, 1995. 
C the loan is unsecured. 
D they are required to do so by the Consumer Protection Code. - ANS A 
 
1.2 - ...
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Add to cartA lender generally charges a lower interest rate on a housing loan because: 
A the loan is secured against the property. 
B they are required to do so by the Consumer 
Credit Act, 1995. 
C the loan is unsecured. 
D they are required to do so by the Consumer Protection Code. - ANS A 
 
1.2 - ...
ABC Bank plc is established in Germany. It transacts banking business in the Republic of Ireland on a cross-border basis. Being able to provide financial services in this manner to consumers in other EU countries is referred to as: 
A passporting. 
B subrogation. 
C migration. 
D the common good. - ...
Preview 3 out of 25 pages
Add to cartABC Bank plc is established in Germany. It transacts banking business in the Republic of Ireland on a cross-border basis. Being able to provide financial services in this manner to consumers in other EU countries is referred to as: 
A passporting. 
B subrogation. 
C migration. 
D the common good. - ...
The primary objective of structural regulation of financial services firms is to: 
 
A minimise risks to the financial system. 
B ensure financial services providers remain solvent at all times. 
C ensure only those with sufficient financial standing and integrity can become financial services fi...
Preview 3 out of 24 pages
Add to cartThe primary objective of structural regulation of financial services firms is to: 
 
A minimise risks to the financial system. 
B ensure financial services providers remain solvent at all times. 
C ensure only those with sufficient financial standing and integrity can become financial services fi...
What are the two objectives of Central Bank's regulation - ANS A stable financial system and consumer protection 
 
The Authorisation of financial services firms falls under which type of regulation - ANS Structural Regulation 
 
A foreign bank providing financial services in Irel...
Preview 1 out of 2 pages
Add to cartWhat are the two objectives of Central Bank's regulation - ANS A stable financial system and consumer protection 
 
The Authorisation of financial services firms falls under which type of regulation - ANS Structural Regulation 
 
A foreign bank providing financial services in Irel...
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