| High Bets | Medium Bets | Play and Win | 1 million questions | Final round |
|---|---|---|---|---|
|
1. Integrity - 2. Due skill, care and diligence
3. Management, systems and controls 4. Resources - 5. Market conduct 6.Information - 7. CoI 8. Suitability - 9. Customer assets 10. Relations with the regulators 11. Compliance & Corporate Governance 12. Remuneration policies
List the principles (12) for the authorized companies
|
Dubai International Financial Center
Free zone
What is the DIFC?
|
1. Compliance/AML policies and procedures
2. Contact person with the regulator and the authorities 3. SAR 4. Deliver training
List 4 responsibilities of a CO/MLRO
|
1. Bribery, corruption, fraud
2. Capital adequacy 3. Manipulation
Name 3 severe regulatory breaches
|
CO/MLRO
Where should i report a suspicion i have about money laundering and/or terrorism financing?
|
|
1. Integrity
2. Due skill, care and diligence 3. Relations with the DFSA 4. Management, Systems and Controls 5. Compliance 6. Market conduct
List the principles (6) for individuals
|
Dubai Financial Services Authority
The regulator of the free zone (DIFC)
What is the DFSA?
|
True
Sanctions may be decided on a company level
|
IGID has 1 combined policy for both
IGID has one separate policy for compliance and one separate policy for anti-money laundering
|
True
The CBUAE's laws, regulations, etc are also compulsory for companies located in the free zones
|
|
1. Internal Audit
2. Compliance 3. Risk Management
Name 3 functions of Internal Control
|
1. CO/MLRO, SEO or Legal
2. Immediately upon receipt 3. In writing and in full detail
To whom should i report a complaint from a client?
When and how? |
1. Chairman of the Board
2. Group Compliance Officer 3. Group Legal Officer
If there is suspicion of a fraud case, where the SEO and the CO/MLRO are involved, to whom should i report the incident?
|
FALSE!!!
The HQ of IGI are in Jordan, hence IGID is obliged to comply with the Jordanian laws
|
1. Economic
2. Travel ban 3. Sports
Name 3 types of sanctions
|
|
ENGLISH
What is the official language of the DFSA?
|
1. Beneficial owners
2. Country of origin 3. Product or service 4. Financial situation
Name 4 risks related to the customer/client
|
FALSE!!!!
Our company doesn't have a Whistleblowing Policy, because we have in place a Data Protection Policy to safeguard confidentiality.
|
FALSE!!!!
Terrorism Financing is when the company or the individual offer money to an organization/individual related to terrorism
|
Yes
Are we obliged to follow the OFAC Sanctions?
|
|
How are the authorized individuals?
Washef
Pervez Henri Afroditi |
1. Iran
2. Cuba 3. Libya 4. North Korea
Name 4 sanctioned countries
|
FALSE!!!!
Confidentiality can be compromised upon the SEO's approval for achieving a business deal
|
FALSE!!!!!
Declaration of outside the company business activities must be reported only when they are related to the same industry of IGID.
|
False
Compliance is the responsibility of the senior management and the CO/MLRO
|
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