Stat Reporting

What is the name of the Hungarian regulatory body?

• Pénzügyi Szervezetek Állami Felügyelete (State Supervisory of Financial Institutions

• Magyar Nemzeti Bank (National Bank of Hungary)

• Nemzeti Adó és Vámhivatal (National Tax and Customs Administration)

When did IFRS application become mandatory in Hungary for banks?

• 2018 January 1

• 2019 January 1

• 2017 January 1

• 2016 December 31

Where can you find a "Loan" in a bank's balance sheet?

answer choices

• Asset side

• Liability side

• Both Asset and/or Liability side

• Off-Balance sheet

How many countries are reported in the Regulatory Reporting Department in Citibank Budapest CSC?

• 58

• 19

• 43

• 38

What are the 5 main steps for Regulatory Reporting?

• Data Sources, Data Reconciliation, Report Preparation, Submission, Regulatory Feedback

• Data Sources, Report Preparation, Data Upload, Validation, Submission

• Data Reconciliation, Report Preparation, Submission, Control Review, Archiving

• Data Sources, Data Input/ Reconciliation, Report Preparation, Control Review, Submission

Citibank has purchased a Hungarian Treasury Bill and plans to sell it before the maturity date. Where will you find it in the balance sheet?

• Securities - Available For Sale

• Securities - Held For Trading

• Securities - Held For Maturity

• Reverse Repo

What does ECB stand for?

• European Central Bank

• English Commercial Board

• Estonian Commercial Bank

• Edinburgh Cricket Board

Which of the following is a benefit of banks for the economy

• Banks build nice head-office buildings

• Banks create liquidity

• Banks offer high salaries to employees

• Pay taxes to the government

Where can you buy a "forward"?

• Penny market

• Forex market

• Derivatives market

• OTC market

Which of the followings is the riskiest balance sheet item?

• Cash in the vault

• Local government T-Bond

• Loan to a start-up company

• Government guaranteed loan