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Which of the following is not a function of a Central Bank? a. To regulate the issue, supply and availability of money. b. To manage the foreign exchange reserves. c. To advise government on monetary and fiscal matters. d. To manage the public and private debt in the country.

Which of the following is not a function of a Central Bank? Question 19Answer a. To regulate the issue, supply and availability of money. b. To manage the foreign exchange reserves. c. To advise government on monetary and fiscal matters. d. To manage the public and private debt in the country.

Correspondent banking may involve Select one: a. Providing banking services to other banks facing shortage of staff. b. Acting as transfer and disbursement agents for pension funds. c. Providing foreign exchange trading services to individuals. d. Providing hedging services to corporations. e. Holding and managing assets for individuals or corporations.

Due to the increased need for security for the performance of obligations arising from these transactions and due to the growing size of the financial system, where does the transfers of funds from one party to another are made?

Comment on effective strategies used by financial institutions to manage/ curb money laundering and terrorist financing referring to applicable legislation in the Caribbean.

Which of the following assets are not included in “cash equivalents” in a typical balance sheet?a. Foreign government securitiesb. Certain very low-risk equity securitiesc. U.S. government securitiesd. Time depositse. All of the above might be included in“cash equivalents.”

Identify the financial regulations that led to consolidation in the domestic banking sector.（Be specific please)

The company Is  bank of Nova scotia

Question 23 (a) and (b) is based on the following Balance Sheet: 2$ $ Current assets Current liabilities Accounts payable Overdraft Cash 1000 10 000 Accounts receivable 8000 ? Inventory 9000 Non-current liabilities Non-current assets Loan 5 000 5 000 Equipment Vehicle Total equity Capital 10 000 8 000 (a) Calculate the current ratio (current assets ÷ current liabilities) for this business. Show all working. (b) Recommend a cash flow management strategy for this business.

Money laundering involves a number of phases in the overall procedure.     Which two of the following are recognised phases in money laundering?    (1) Relocation   (2) Layering   (3) Integration   (4) Distribution    A. 2 and 3    B. 1 and 2     C. 1 and 4     D. 3 and 4

In certain cases, multiple regulatory bodies aff ect a company’s fi nancial reporting requirements. For example, in almost all jurisdictions around the world, banking-specifi c regulatory bodies establish requirements related to risk-based capital measurement, minimum capital adequacy, provisions for doubtful loans, and minimum monetary reserves. An awareness of such regulations provides an analyst with the context to understand a bank’s business, including the objectives and scope of allowed activities. Insurance is another industry where specifi c regulations typically are in place. An analyst should be aware of such regulations to understand constraints on an insurance company. Th e following are examples of country-specifi c bank regulators. In Canada, the Offi ce of the Superintendent of Financial Institutions regulates and supervises all banks in Canada as well as some other federally incorporated or registered fi nancial institutions or intermediaries. In Germany, the German…

Which of the following statements about CHIPS (Clearing House Interbank Payments System) is NOT true?    CHIPS is a United States-based system for large-value domestic and international payments.   CHIPS is used primarily for international fund transfers.   CHIPS is one of the primary networks for high-value transactions in the U.S.   CHIPS processes a majority of its transactions in cryptocurrencies.