Certificate in Credit
Test 1

The Islamic Financial Services Act 2013 (IFSA) primarily governs which of the following?

Labuan Financial Services Authority (LFSA) regulates:

Which of the following is the primary regulator of banking institutions in Malaysia?

What is the role of the Credit Guarantee Corporation (CGC)?

Section 48 empowers BNM to take which of the following actions if there is non-compliance with prudential standards?

Which of the following best describes the purpose of Section 87 of the FSA 2013?

Which of the following actions would require BNM’s prior written approval under Section 87?

Under Section 48 of the FSA 2013, if a licensed person fails to comply with a prudential standard issued by BNM, the person:

The purpose of Section 50 (Single Counterparty Exposure Limit) under FSA 2013 is to:

Which of the following is classified as a Development Financial Institution (DFI)?

Which of the following institutions provides mortgage liquidity to the Malaysian banking system?

Under BNM guidelines related to Section 50, the Single Counterparty Exposure Limit (SCEL) is generally capped at:

Which agency provides deposit insurance protection in Malaysia?

Prudential standards issued by BNM under Section 47 are binding on:

The capital market in Malaysia is regulated by:

What may happen if a person acquires more than 5% shares in a licensed person without BNM’s approval?

An example of a money market instrument is:

Under Section 87 of the FSA 2013, a person must obtain approval from Bank Negara Malaysia before acquiring an interest in the shares of a licensed person if the acquisition results in:

Which of the following is true under the FSA 2013 in relation to BNM’s powers?

Under Section 47 of the FSA 2013, Bank Negara Malaysia may issue prudential standards to licensed persons on all the following matters except: