Banking Regulation Study Guide PDF 2023

Study Guide Access Entry Level Training Program (ELTP) Banking Regulation Course Name of Course Banking Regulation Course Description The course aims at identifying the need for regulation and supervision of Nigerian banks by regulatory agencies to provide security and...

Study Guide Access Entry Level Training Program (ELTP) Banking Regulation Course Name of Course Banking Regulation Course Description The course aims at identifying the need for regulation and supervision of Nigerian banks by regulatory agencies to provide security and stability for depositors’ funds and the Nigerian economy. Course Duration ONE DAY Course Topics Modules Subtopics Related Concepts Role of Banks as financial intermediaries Prevalent banking risks Overview of the Regulatory Regulation /Supervision Environment Regulatory Agencies Direct & Indirect RegulatorsHarmonization of regulations by the Financial Services Regulations Coordinating Committee (FSRCC) Scope of Banking Activities and CBN and NDIC Activities and Regulation on the scope prohibited businesses initiatives of Banking Activities & Ancillary Matters, No. 3 of 2010, and other Regulations and Guidelines on Money Laundering /Combating of Financing of Terrorism. Banking Regulation and Supervisory Structures Basel Committees “29 Core Regulatory focus--- Principles for Effective Liquidity requirements, Page | 1  Banking supervision”. Risk Management framework Information disclosure, Self- Approaches to Banking regulation, Supervision, Supervision Deposit insurance. Preventive, Curative and Macroeconomic policies, Liquidation Scenarios prompt resolution of Role of Bank Supervisors & issues, market discipline Preconditions for effective and Financial Safety net supervision. On completing the course, trainees would have understood the role of bank supervisors and the preconditions for their effectiveness and also learned that compliance helps them avoid regulatory sanctions. Background knowledge  General knowledge of risks associated with banking.  General role of the Central Bank and the NDIC Exam  Comprises of 60 multiple choice questions with a mix of True/False questions for a total of 100 marks.  All questions should be answered.  Sample questions: 1. Which of the following statutory bodies has functions that cannot be taken over by the EFCC? a) CBN b) ICPC c) NDLEA d) Police 2. The Federal Ministry of Finance presently conducts off site supervision of banks. Answer: A. True B. False Correct Answer is: A Page | 2