20 Questions
What is the focus of the training from 09:30 to 10:30?
Risk Classification
What is the purpose of the regulatory training?
To ensure full compliance with laws and regulations
What is the topic of focus for the client's wishes?
Risk Classification
What is the time allocated for the quiz?
14:30 – 15:00
Why does a financial intermediary need to approach the financial market with full compliance with laws and regulations?
To conduct its strategy in full compliance with laws and regulations
What is the primary role of Self-regulatory organizations (SROs) in the financial sector?
Defining due diligence requirements under AMLA
Which of the following activities is prohibited for SRO members?
Exchange of securities token
What is the notice period for termination of VQF Membership?
3 months
Which of the following is considered a permitted activity for SRO members under AMLA?
Centralised crypto exchange FIAT/crypto or crypto/crypto
What does VASP stand for in the financial sector?
Virtual Asset Service Provider
What is the focus of the training from 10:30 to 12:00?
Risk Classification
What is the primary role of Self-regulatory organizations (SROs) in the financial sector?
Enforcing government regulations
Which of the following is NOT a focus area for JayBee Regulatory Guides?
Retail Marketing
What does AMLA stand for in the context of regulatory training?
Anti-Money Laundering Act
What is the purpose of the quiz scheduled from 14:30 to 15:00?
To test the staff's knowledge on core legal and compliance topics
What do SROs define under AMLA in their own regulations?
Duties of due diligence under AMLA
Which of the following activities is prohibited for SRO members?
Exchange of securities token
In the context of SRO membership, what is the notice period for termination of VQF Membership?
3 months
What is the primary means of communication for Interaction with VQF in the context of SRO membership?
Individual communication
Which of the following is an activity permitted for SRO members under AMLA?
Debt collection
Test your knowledge on anti-money laundering regulation, SRO membership, due diligence, embargo and sanctions, audit, and more in this regulatory compliance training quiz.
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