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Which of the following statements regarding the Chief Executive Of Hong Kong SAR are correct? I. The Chief Executive of the Hong Kong SAR appoints the Chairman, Deputy Chairman (optional), the Chief Executive Officer (“CEO”) and directors (both executive and non- executive) of the SFC II. The Chief Executive of the Hong Kong SAR may give written directions to the …

Which of the statements regarding the development of the securities and future markets in Hong Kong after 1980 are true? I. The number of exchanges decreased II. The government impose direct control of the industries III. Suggested by the Davison Committee, there is only one regulator for the Securities and Finance Industry IV. The current SFO is largely a consolidation …

Which system of regulation was adopted by the SFC? A. Merit Based B. Sanction Based C. Disclosure Based D. Risk Based Answer [sociallocker id=”3125″]D[/sociallocker]

Which two of the following systems of regulations are commonly used by financial regulators in Hong Kong? I. Merit Based II. Sanction Based II. Disclosure Based III. Income Based A. I, II B. I, III C. II, IV D. III, IV Answer [sociallocker id=”3125″]B[/sociallocker]

Which of the following is a primary objective of Hong Kong financial regulators? A. Their actions are designed to help promote confidence in the financial markets, internationally and locally. B. Encourage the development of new products C. Enhance the profitability of the exchanges in Hong Kong D. Lessen trading hours Answer [sociallocker id=”3125″]A[/sociallocker]

Which of the following is not a common objective of the Hong Kong financial regulators? A.They help to maintain Hong Kong’s position as a leading financial center by ensuring that the regulations they apply are necessary for the proper supervision of the financial markets. B.They aim to achieve this goal through financial regulations of an acceptable international standard. C.Maintain the …

Which of the following demands has to be satisfied by the wide range of financial products and services available in Hong Kong? I. Meet demands for investment II. Employment opportunities for locals III. Employment opportunities for expatriates IV. Capital and investment protection A. I,IV B. I,III,IV C. II,III D. I,II,IV Answer [sociallocker id=”3125″]A[/sociallocker]

Wide arrange of financial products and services are available inHong Kong to fulfil the following functions? I. Meet demands for investment II. Meet demands for employment III. Provide and avenue for price discovery IV. Provide liquidity of investment A. I,II,IV B. I,III,IV C. II,III D. II,III,IV Answer [sociallocker id=”3125″]B[/sociallocker]

Which of the following two intermediaries are regulated and licensed/registered by the SFC? I. Independent Financial Advisor II. Investment Bank III. Trustee IV. Insurance Agent A. I,II B. II,IV C. I,III D. II,III Answer [sociallocker id=”3125″]A[/sociallocker]