WorksheetsTB Risk and Conduct
Total questions: 15
Worksheet time: 10mins
Below are the consequences of conduct risks, except
Unfair outcomes for our clients including financial loss
Financial loss for the Bank from liability claims and potential client attrition
Regulatory achievement and recognition
Reputational impact through adverse media coverage
Financial loss for the Bank from liability claims and potential client attrition
Which one is the best choice to indicate mis-pricing?
I. Over pricing
II. Unauthorised price deviations
III. Unfair or Non-transparent pricing
I only
I and II
II and III
I, II and III
Over committing capabilities of the bank may lead to
Fair and transparent pricing to clients
Suitable solutions to clients
Mis-selling risk
Confidentiality breach
Not considering or circumventing sanctions may lead to
Financial crime
Fraud risk
Conflict of interest
Data confidentiality and security breach
Which one of below statement is NOT right
Lack of appropriate justifications for pricing clients in the same segment and similar profile differently may be treated as unfair treatment of clients
Overpricing and hidden charges are serious regulatory offences. This includes not disclosing that pricing may be affected due to benchmark changes, costs or other factors
Overselling and under-delivering may invite client backlash, losses and reputational damage. The Bank may be obliged to make unforeseen investments to keep the promise.
Offering solutions without a clear client need and not understanding the client’s situation will lead to appropriate and proper solutions being sold to the client
Which one is not included in the Code of Conduct presentation?
E-learning etiquette
Account sharing
Password sharing
Sharing knowledge
How many type learnings shown in this presentation?
1
2
3
4
Who will have more severe consequences when E-learning etiquette breached?
Action owner
People leaders
New Joiners
Logging into an application with your own credentials on a machine assigned and in use by another user thus allowing that user access to the application with your account. What do we call this breach Code of Conduct?
Account sharing
Desktop sharing
Sharing machine
User sharing
---- your -------- to -------- .
What is the complete sentence to avoid password sharing?
Give your password to colleague
Keep your password to yourself.
When We should log the incident/ report suspected of data breach?
Within 3 days
Within 24 hours
Within a week
Within 48 hours
Where Should we log the data breach incident?
Data Breach internal Portal
Discover portal
Ripples
Conduct Plan Portal
What is R on the ALERT refer to ?
Report
Risk
Remediate
Rapid
Which statement is true?
Every employee has a responsibility to be alert to the possibility of data breach
Escalate to Line manager to have the right type of support is not necessary
Only Line Manager has responsibility on the possibility of data breach
Data breaches are limited to deliberate or malicious activities
What are the 5 steps for data breach response?
ALARM
ALERT
SUPER
RIGHT
