LIBF UNIT 3 TOPIC 7 (VOL 2)

What is Bitcoin?

• A type of bank

• A virtual currency

• A government bond

• A stock market index

Who are referred to as the "boomerang generation"?

• Retired individuals

• Young adults returning home

• College students

• New parents

What is a Challenger bank?

• A traditional bank

• A bank that challenges the 'big four'

• A central bank

• A savings bank

What principle does the EU Gender Directive set out?

• Equal access to goods and services

• Tax equality

• Equal voting rights

• Equal employment opportunities

What does the European Insurance and Occupational Pensions Authority support?

• Stability of the financial system

• Tax collection

• Currency printing

• Trade agreements

What is the function of the European Securities and Markets Authority?

• Regulate agricultural markets

• Ensure integrity of securities markets

• Manage public transportation

• Oversee educational institutions

What is the Remuneration Code?

• A code requiring 50% of bonuses to be paid in shares to senior managers.

• A guideline for setting salaries in the financial sector.

• A rule for determining interest rates on loans.

• A policy for regulating stock market transactions.

Which legislation requires financial services firms to provide regulated information?

• Transparency Directive

• Remuneration Code

• Financial Services Act

• Banking Regulation Act

The Transparency Directive is associated with which region?

• Europe

• North America

• Asia

• Africa

What is the main focus of the Remuneration Code?

• Bonuses for senior managers

• Interest rates on savings

• Loan approval processes

• Taxation of financial institutions