DSM2613(6) BANKING FINANCIAL INSTITUTIONS

Multiple Choice

Which is not a banking or financial institution in Malaysia.

• Bank Negara Malaysia

• Maybank

• Employee Provident Fund

• Airports

Multiple Choice

Who provides Physical Security Professional (PSP) certification?

• Persatuan Industri Keselamatan Malaysia (PIKM)

• ASIS International

• Public Accounts Committee (PAC)

• Association of Certified Fraud Examiners

Match

Match the following

• The Institute of Internal Auditors Malaysia presents basic techniques of uncovering fraud using data analytics.

• The Public Accounts Committee (PAC) serves as a financial oversight body that has power to investigate frauds by meeting for a witness statement and evidence gathering.

• 1. To prevent corruption, Prime Minister Anwar stresses that the government would no longer give approvals and procurements of projects without proper tender.

Risk assessment

Preparing financial evidence

Risk prevention

• Risk assessment

• Preparing financial evidence

• Risk prevention

Match

Match the following

• Examples include operational audits, enhanced audit committees, improved internal controls, implementation of fraud reporting policy, staff rotation, fraud hotlines and forensic accountants.

• The Public Accounts Committee (PAC) serves as a financial oversight body that has power to investigate frauds by meeting for a witness statement and evidence gathering.

• 1. To prevent corruption, Prime Minister Anwar stresses that the government would no longer give approvals and procurements of projects without proper tender.

Fraud detection

Fraud examination

Fraud deterrence

• Fraud detection

• Fraud examination

• Fraud deterrence

Multiple Choice

Which of the following are NOT regulations that govern banking and financial institutions?

• Banking and Financial Institutions Act 1989 (BAFIA)

• Financial Services Act 2013

• Islamic Financial Services Act 2013

• Private Agency Act 1971