8009 試験問題を無料オンラインアクセス

Which of the following was not cited within the chain of miscalculations and deferred decisions for the downfall of Fannie Mae and Freddie Mac

• A.Lawmakers postponed strenghtening regulatory oversight due to partisan infighting
• B.They did not raise enough capital to weather the storm as the housing slump expanded
• C.Under-management and under-measurement of market and liquidity risk
• D.Extreme exposure to foreign currency exposures and losses from non-US$ mortgages

Which of the following CANNOT be counted as a reason why LTCM was given a rescue package and not left to default?

• A.Some of the banks in the rescue consortium were LTCM investors
• B.Untimely unwinding of some LTCM positions would lead to large market fluctuations and possible turmoil
• C.Many of the banks in the rescue consortium were among LTCM's counterparties
• D.The consortium wanted to keep this out of the regulators' eyes

While doing a work assignment, a PRMIA member notices behaviour that is outside the ethical standards of their client organization and reports the matter to their immediate supervisor in the organization (if he or she wasn't the one engaging in such behaviour). The matter is neither progressed nor actioned.
The PRMIA member should:

• A.stay silent on the basis that they have reported it
• B.contact the Whistle-Blowing Hotline of the organization or, if none exits, to the PRMIA Ethics Committee for guidance and assistance
• C.report the matter to their PRMIA chapter
• D.report the matter to the organization's Compliance Dept.

Corporate Governance ...

• A.Is defined as that which is best practiced within an enterprise risk management framework, guided by the PRMIA Standards of Best Practice, Conduct and Ethics above all else
• B.Eliminates risk to the greatest extent possible
• C.Is defined as business decision making predicated on a belief in potential rewards, balanced with the knowledge, understanding and appreciation of the risk taken to pursue those potential rewards
• D.Is defined as the assembled knowledge and wisdom of the collective stakeholders in the organization, set to maximize shareholder value

Boards of Directors, including Audit and Risk Committees must review thoroughly compensation plans of potentially "highly compensated positions" for:
I. competitive market conditions
II. ensuring compliance with their corporate risk appetite and fiduciary responsibility to shareholders III. ensuring any discretionary bonus plans are geared towards keeping high income / revenue generators IV. reporting all such personnel to the local regulator

• A.I and II only
• B.I, II and IV only
• C.All of the above
• D.II, III and IV only