2016-FRR Exam Question 6

10 basis points are equal to:
  • 2016-FRR Exam Question 7

    Which one of the four following statements about consortium databases is correct?
    Consortium databases
  • 2016-FRR Exam Question 8

    To hedge a foreign exchange exposure on behalf of a client, a small regional bank seeks to enter into an
    offsetting foreign exchange transaction. It cannot access the large and liquid interbank market open primarily
    to larger banks. At which one of the following exchanges can the smaller bank trade the currency futures
    contracts?
    I. The Tokyo Futures Exchange
    II. The Euronext-Liffe Exchange
    III. The Chicago Mercantile Exchange
  • 2016-FRR Exam Question 9

    Which one of the following areas does not typically report into a central operational risk function?
  • 2016-FRR Exam Question 10

    Which statements correctly describe the features of using subscription databases for operational loss data
    analysis?
    Subscription databases
    I. Provide central data repositories and benchmarking services to their members.
    II. Can provide insight into whether the losses in a firm reflect the usual losses in their industry.
    III. Assist with mapping the events to the appropriate business lines, risk categories and causes.
    IV. Reflect only events that are interesting to the press and are reported in the press.