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  BCP Set C

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  3 Apr 2025
  BCP Exam Question:

  Which of the following is a method to use such that a risk and its potential financial consequences can be transferred to another party without the use of insurance?

  a) Risk transfer

  b) Risk pooling

  c) Non-insurance transfer

  d) Non-insurance pooling

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  M3 (Set 1)

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  3 Apr 2025
  CMFAS M3 Exam Question:

  An individual who is engaged in central dealing for funds managed by related entities of a Licensed Fund Managed Company (LFMC) can be any of the following types of representatives except:

  a) appointed representatives

  b) external representatives

  c) provisional representatives

  d) temporary representatives

• 

  BCP Set B

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  3 Apr 2025
  BCP Exam Question:

  Which of the following statements regarding insurable interest is incorrect?

  a) There must be some property, rights, interest or potential liability capable of being insured.

  b) The property, rights, interest or potential liability must be the subject matter of the insurance.

  c) The insured must not stand in a relationship, recognized by law, with the subject matter of the insurance.

  d) The proposer must benefit from the continued existence of the subject matter of the contract or be prejudiced by its loss.

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  FMRP (Set 1)

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  3 Apr 2025
  FMRP Exam Question:

  Which of the following statements is FALSE regarding rollovers of foreign exchange transactions at off-market rates?

  a) Maturing forward contracts can be extended or rollover-ed.

  b) The current market spot rate should be used to liquidate the maturing contract and used as a base from which the new forward rate is derived.

  c) The use of off-market rates is strongly discouraged.

  d) Deals done at off-market rates may be used as a means to conceal profit or loss, or to perpetuate a fraud.