Free 3I0-010 Exam Braindumps (page: 2)

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The control failings involving Barings and Daiwa highlight the critical importance of what operational risk management practice?

  1. the taping of conversations between counterparties
  2. model signing-off and implementation controls
  3. the separation between front/back office duties
  4. the existence of contingency plans

Answer(s): C



The maximum term for which a London Certificate of Deposit may be issued is:

  1. 1 year
  2. 3 years
  3. 5 years
  4. 10 years

Answer(s): C



A collateral pool can be defined as:

  1. assets lent by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  2. liabilities owned by members of a payments system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  3. assets owned by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  4. assets swapped by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances

Answer(s): C



The prompt sending and checking of confirmations is considered a best practice when dealing in:

  1. amounts higher than USD 10,000,000.00 or the equivalent in other currencies
  2. amounts higher than USD 1,000,000.00 or the equivalent in other currencies
  3. any amount unless dealt via a broker
  4. any amount by any counterparty

Answer(s): D






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