Which of the following is part of the supervisory activities of APRA?
A) Prudential review is the most important as it provides a detailed assessment of an FI's inherent risks and the adequacy of its risk management controls.
B) Licensing is the last stage of APRA's supervision which ensures that only FIs that have the capacity to successfully operate can operate in the market.
C) Enforcement supervision is not part of APRA supervisory activity as it would involve enforcement teams to specifically intervene in the running of the FI.
D) Entity financial analysis is the FI's own assessment of its financial position.
Correct Answer:
Verified
Q39: The term 'spread' refers to the difference
Q40: Which of the following statements is true?
A)Capital
Q41: Which of the following is not an
Q42: The Probability and Impact Rating System (PAIRS):
A)determines
Q43: Customer loans are classified on a DI's
Q45: APRA's aim is to develop prudential policies
Q46: Covered bonds:
A)can only be issued by building
Q47: Which of the following statements is true?
A)APRA
Q48: Depository institutions are financial institutions that only
Q49: Off-balance-sheet activities are:
A)not shown on the current
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