What does the Model Code recommend regarding "entertainment and gifts"?
A) Management should monitor the form, frequency and cost of entertainment and gifts dealers receive, have a clearly articulated policy towards the giving/receipt of gifts and ensure the policy is enforced.
B) As gifts and entertainment may be offered in the normal course of business, employees can offer inducements to conduct business and solicit them from the personnel of other institutions.
C) Although management should not monitor the form, frequency or cost of entertainment/gifts dealers receive, they may have a policy towards the giving/receipt of gifts and ensure the policy is enforced.
D) Gifts or entertainment should never be offered in the normal course of business, and employees must never offer any inducements to conduct business, nor solicit them from other institutions.
Correct Answer:
Verified
Q120: An Overnight Indexed Swap (OIS) is:
A) A
Q121: Under Basel rules the risk weight for
Q122: What happens if an instruction remains unmatched
Q123: Under Basel Rules, the Basic Indicator Approach
Q124: In interbank trading, if a dealer is
Q126: Bank XYZ calls you for a quote
Q127: In order to give a price in
Q128: The weighted average duration of liabilities can
Q129: Where sale and repurchase agreements or stock
Q130: A dealer has been invited by a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents