Page 19 - CFPA-CII-Module W01-Examen blanc N°2-Qestions avec réponses

89. One of the following does NOT form part of principles based market conduct:

a) Integrity
b) Interest
c) Prudence
d) Complaints

90. The regulator is often described as the gatekeeper for those wishing to offer insurance products
for sale. This means the regulator is responsible for:

a) Proactivity
b) Premium rates
c) Market exclusions
d) Market discipline

91. ‘Requirements are pegged to a fixed proportion, for example a percentage of premium’. This
statement applies to:

a) Risk profile ratios
b) Corporate governance
c) Enforcement
d) Fixed ratio model

92. One of the following is NOT a stage in Money Laundering:

a) Layering
b) Inducement
c) Integration
d) Placement

93. One of the four objectives of the Financial Action Task Force is:

a) Establishment of new insurers
b) Setting global standards for combating money laundering
c) Encouraging layering of proceeds of crime
d) Facilitating terrorism through money laundering

94. The Chartered Insurance Institute’s Code requires members to:

a) Work for an insurance company
b) Be a compliance officer in an intermediary
c) Act in the best interests of each client
d) Be in a specialised sector of insurance

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