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1. The Depository Centre must periodically report to the Authority on shareholders who hold more than what threshold percentage of equity in the Centre's capital?
A) 3%
B) 10%
C) 15%
D) 5%
2. Establishing a local investment fund requires the approval of the Authority, for a public fund this will either be granted or rejected within:
A) 10 working days
B) 20 working days
C) 5 working days
D) 30 working days
3. Which of the following financial activities comes under the fifth category licence?
A) Arrangement and advice
B) Dealing in investments
C) Dealing in securities
D) Credit rating agencies
4. When a company applies to become a Special Purpose Acquisition Company, its sponsors must prepare proposals to:
A) manage conflicts of interest
B) deal with succession planning
C) reduce the risk to investors
D) identify potential money laundering
5. A public joint-stock company is automatically prevented by the regulations from executing a buyback transaction if it:
A) was incorporated in the last three years
B) issued shares in a public offer in the last six months
C) is formally classed as an insurance company
D) has been designated a company of State importance
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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