NEW
Font size
WorksheetsEuropean Regulatory Reporting
Total questions: 10
Worksheet time: 10mins
Why is the banking system regulated? Select the INCORRECT answer...
Because it helps ensuring the stability of the financial system
Because it improves transparency and early identification of issues
Because it enables regulators to solve any economic crisis that may have occurred in the past
Because it enables regulators to compare the performance of different entities
What of the following regulatory bodies does NOT have an international scope?
Financial Conduct Authority
Basel Committee on Banking Supervision
International Financial Reporting Standard Foundation
Financial Stability Board
Recent changes in the global regulatory environment have tended towards...
More flexible regulation
More autonomy for local regulators
More centralized and unified global regulation
Deregulation
Which ones of the following bodies are part of the Bank of England?
Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA)
Prudential Regulatory Authority (PRA) and Financial Policy Committee (FPC)
HM Treasury and Financial Conduct Authority (FCA)
Prudential Regulatory Authority (PRA), Financial Conduct Authority (FCA) and Financial Policy Committee (FPC)
What of the following regulatory requirements refer to accounting?
Funding Plan
COREP
FINREP
NSFR
What of the following regulatory requirements have been cancelled or postponed due to Covid-19?
BoE Stress Test 2020
EBA Stress Test 2020
FINREP
Both BoE and EBA Stress Tests 2020
What does COREP relate to?
Accounting
Solvency
Liquidity
Conduct
Does Basel IV exist?
No
Yes, it is an informal name for Basel III reform
Yes, it complements Basel V
Yes, it will be published in 2021
Was does LCR stand for?
Liquidity Coverage Ratio
Leverage Coverage Ratio
Liquidity Capital Ratio
None of the answers above is correct
What is the main objective of the stress test exercises?
To limit excessive leverage in the financial system
To improve the coherence of financial information reported to supervisory authorities
To measure the resilience of banks to hypothetical adverse scenarios
To assess the viability and soundness of the firms' funding plans
