WorksheetsCCC Quiz Night
Total questions: 30
Worksheet time: 15mins
This is a group of key managers that make decisions collectively about relevant subjects related to the organization’s proper functioning. It generally applies to the highest level of authority within the hierarchical structure, below the Board of Directors.
a. Steering Committee (SteerCo)
b. Operating Committee (OpCo)
c. Excutive Panel
d. Executive Committee (ExCo)
Which law prohibits the disclosure of, or inquiry into, all deposits in banks and banking institutions in the Philippines.
a. Republic Act No. 9160, Anti-Money Laundering Act
b. Republic Act No. 1405, Bank Secrecy Law
c. Republic Act No. 10173, Data Privacy Act of 2012
d. Republic Act No. 9845, Anti-Red Tape Act
Who is the current Bangko Sentral ng Pilipinas Governor?
a. Gov. Gabriel Singson
b. Gov. Nestor Espenilla Jr.
c. Gov. Amando Tetangco Jr.
d. Gov. Benjamin Diokno
What is the primary regulator of Deutsche Knoweldge Services (DBG Manila)
a. National Privacy Commission (NPC)
b. Bangko Sentral ng Pilipinas (BSP)
c. Securities and Exchange Commission (SEC)
d. Bureau of Internal Revenue (BIR)
Where and when was Deutsche Bank AG founded?
a. Frankfurt, 1870
b. Frankfurt, 1872
c. Berlin, 1870
d. Berlin, 1872
TRUE or FALSE. DBG Manila is a regulated entity.
TRUE
FALSE
A Philippine regulation aimed at protecting personal data of individuals processed by the government and the private sector.
a. DPA (Data Privacy Act)
b. Personal Information Protection Act
c. GDPR (General Data Protection Regulation)
d. Bank Secrecy Law
Who is the current Chief Executive Officer (CEO) of Deutsche Bank?
a. Christian Seving
b. Christian Sewing
c. James Von Moltke
d. Paul Achleitner
Which regulation requires top management to individually certify the accuracy of financial information, increased and more active oversight by boards of directors, and
the independence of the outside auditors who review the accuracy of corporate financial statements.
a. Dodd-Frank
b. SoX / Sarbanes-Oxley Act
c. MiFID I
d. MiFID II
Sarbanes-Oxley Act or SOX makes it a crime to defraud shareholders of publicly traded companies through the filing of misleading financial reports. What are the consequences for non-compliance with SOX?
a. A fine of up to USD5 million dollars and/or imprisonment for up to 20 years for the CEO and CFO who purposefully submits incorrect documentation to SOX compliance auditors.
b. A fine of up to USD1 million and imprisonment for up to 10 years b. Incorrect certification that was submitted mistakenly can result in a fine of up to 1 million dollars and 10 years in prison.
c. Delisting of the company from public stock exchanges.
d. All of the above.
A regulation adopted by the European Union in May 2018 which aims to strengthen personal data protection by making every organization accountable. It defines personal data more broadly, puts the individual at the center of data protection, strengthens enforcement and increases fines for non-compliance.
a. SoX (Sarbanes-Oxley Act)
b. Personal Information Protection Act (PIPA)
c. . GDPR (General Data Protection Regulation)
d. Data Privacy Act (DPA)
This regulation requires European markets to have more pricing transparency for off-exchange markets It imposed the rule on Best Execution, which requires banks and brokers to show customers that they were offered the best available price for their trades.
a. SoX (Sarbanes-Oxley Act)
b. Volcker Rule
c. . GDPR (General Data Protection Regulation)
d. MiFID (Markets in Financial Instruments Directive) Regulation
Which of the following is NOT a financial risk?
a. Credit Risk
b. Market Risk
c. Financial Reporting Risk
d. None of the above
The COSO (2013) Framework uses the three dimensions - Business Objectives, Organizational Structures and Internal Control Components to facilitate the evaluation of internal controls. The internal control framework has 5 components. What are they?
a. Credit Risk, Market risk, Financial Reporting Risk, Interest Rate Risk, Foreign Exchange Risk
b. SOx / Sarbanes-Oxley Act, Balance Sheet Subtantiation, Risk Assessment, Reporting, Financial Statement
c. Control Environment, Risk Assessment, Control Activities, Information and Communication, Monitoring
d. None of the above
What does COSO in the COSO Framework Stand for?
a. Committee on Secure Organizations
b. Committee of Sponsoring Organizations
c. Council of Security Organizations
d. Council on Sponsoring Operations
In Deutsche Bank Official Website – www.db.com, what does below widget stand for?
a. Sitemap
b. Mylinks
c. HR Connect
d. Connect2Job
What is the all-time high Deutsche Bank Aktiengesellschaft stock closing price?
a. 122.58 on May 4, 2007
b. 159.59 on May 11, 2007
c. 172.15 on May 18, 2007
d. 160.09 on May 25, 2007
What does the Deutsche Bank logo symbolize?
a. Positive momentum
b. Security, trust and reliability, arousing feelings of patriotism and pride
c. Growth in a stable environment
d. Pride, strength and forward movement
TRUE or FALSE. As a result of its shares being listed on the New York Stock Exchange, Deutsche Bank is subject to the SOx Act and to US Federal Law.
TRUE
FALSE
Brexit refers to the withdrawal of the United Kingdom (UK) from the European Union (EU). In the 2016 United Kingdom European Union membership referendum, 51.89% voted in favour of leaving the EU, and 48.11% voted in favour of remaining a member of the EU. When did the UK leave the EU?
a. 31 December 2019
b. 31 October 2019
c. 29 March 2019
d. 31 January 2020
Better known by its abbreviation Ba-Fin, it is the financial regulatory authority for Germany. It also shares banking supervision with Deutsche Bundesbank.
a. Financial Conduct Authority
b. Federal Financial Supervisory Authority
c. The Banking Act (KWG)
d. Federal Banking Supervisory Office
Former derivatives trader whose fraudulent, unauthorized and speculative trades resulted in the 1995 collapse of Barings Bank, the United Kingdom's oldest merchant bank. He wrote the book Rogue trader, which was later made into a hollywood film.
a. Jerome Kerviel
b. Toshihide Iguchi
c. Nick Leeson
d. John Rusnak
True or False. Deutsche Bank won "World's Best Bank Transformation" in the 2020 Euromoney Awards.
TRUE
FALSE
According to Euromoney FX survey 2020, Deutsche Bank's global market share in the foreign exchange market is 7.38% which ranks the bank as ___ in the top 10.
a. 1st
b. 2nd
c. 3rd
d. 4th
MaRisk is a circular by the Ba-Fin providing concepts for risk management of banks, insurance and other companies financially trading in Germany. "MaRisk" stands for?
a. Market Risk
b. Marketable Securities Risk Management
c. Minimum Requirements for Risk Management
d. Maximum Risk Management of Securities
True or False. One core principle of MaRisk is that the risk control function must be set up within those departments performing business transactions.
TRUE
FALSE
Which is considered under Philippine law as Sensitive Personal Information (SPI)?
a. date of birth
b. age
c. all of the above
d. none of the above
TRUE or FALSE. A vessel can be on OFAC’s list of Specially Designated Nationals and Blocked persons.
True
False
TRUE or FALSE. The BSP and SEC are common regulators of DBAG Manila Branch and DBG Manila.
True
False
Which government agency is the financial intelligence unit of the Philippines?
a. BSP
b. PDIC
c. AMLC
d. NBI
