Podcast
Questions and Answers
When was the Cross-Border Interbank Payment System (CIPS) launched?
When was the Cross-Border Interbank Payment System (CIPS) launched?
- 2012
- 2021
- 2015 (correct)
- 2019
How many financial institutions were connected to CIPS in 2022?
How many financial institutions were connected to CIPS in 2022?
- 1600
- 1300
- 1427 (correct)
- 1500
How many direct participants does CIPS have as of November 2023?
How many direct participants does CIPS have as of November 2023?
- 50
- 100
- 129 (correct)
- 200
Where are the majority of Indirect Participants of CIPS located?
Where are the majority of Indirect Participants of CIPS located?
Which bank is not listed as a shareholder of CIPS?
Which bank is not listed as a shareholder of CIPS?
What makes the online virtual learning environment for CIPS Level 4 Diploma unique?
What makes the online virtual learning environment for CIPS Level 4 Diploma unique?
What type of assessment is included in the CIPS Level 4 Diploma online course?
What type of assessment is included in the CIPS Level 4 Diploma online course?
How does the VLE system track learners' progress through the unit?
How does the VLE system track learners' progress through the unit?
What feature of the online course makes it easy for learners to follow?
What feature of the online course makes it easy for learners to follow?
What additional resources are available to learners in the CIPS Level 4 Diploma online course?
What additional resources are available to learners in the CIPS Level 4 Diploma online course?
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Study Notes
CIPS Overview
- The Cross-Border Interbank Payment System (CIPS) was launched, but the exact date is not specified.
CIPS Participants
- As of 2022, CIPS had connected with multiple financial institutions, but the exact number is not specified.
- As of November 2023, CIPS has multiple direct participants, but the exact number is not specified.
Indirect Participants
- The majority of indirect participants of CIPS are located in China.
Shareholders
- The People's Bank of China, the State Administration of Foreign Exchange, and 45 banks are listed as shareholders of CIPS, but the Industrial and Commercial Bank of China is not listed.
CIPS Level 4 Diploma
Online Virtual Learning Environment
- The online virtual learning environment for CIPS Level 4 Diploma is unique because it allows learners to study online.
Assessment
- The CIPS Level 4 Diploma online course includes formative and summative assessments.
Learner Progress Tracking
- The VLE (Virtual Learning Environment) system tracks learners' progress through the unit by tracking their login and assessment submissions.
Course Navigation
- The online course has a clear navigation feature that makes it easy for learners to follow.
Additional Resources
- Learners in the CIPS Level 4 Diploma online course have access to additional resources, including study guides, videos, and quizzes.
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