Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

6 Questions

0 Views

PRA Reporting and Market Risk Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What does the PRA use the collected RNIV data for?

To determine COREP data

To assess operational risks

To monitor the performance of firms' internal models (correct)

To calculate market risk

How is FSA005 revised in relation to COREP data?

To replace COREP data

To ignore data not contained in COREP

To obtain only data not contained in COREP (correct)

To obtain all data from COREP

What does the PRA collect information for Risks Not in VaR (RNIV) on?

An ad-hoc basis

A voluntary basis

A standardised basis (correct)

A confidential basis

Explain the purpose of the PRA collecting Risks Not in VaR (RNIV) data on a standardised basis.

The PRA collects RNIV data to monitor the performance of firms' internal models and gain important information on systemic risks. Signup and view all the answers

What is the purpose of revising FSA005 in relation to COREP data?

FSA005 is revised to obtain only those data that are not contained in COREP. Signup and view all the answers

How does the PRA use the data collected from firms' internal models?

The PRA uses the data to monitor the performance of the relevant firms’ internal models and gain important information on systemic risks. Signup and view all the answers