Multiple Choice
Which of the following is part of the supervisory activities of APRA?
A) Prudential review is the most important as it provides a detailed assessment of an FI's inherent risks and the adequacy of its risk management controls.
B) Licensing is the last stage of APRA's supervision which ensures that only FIs that have the capacity to successfully operate can operate in the market.
C) Enforcement supervision is not part of APRA supervisory activity as it would involve enforcement teams to specifically intervene in the running of the FI.
D) Entity financial analysis is the FI's own assessment of its financial position.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: APRA's aim is to develop prudential policies
Q26: Australia's current financial regulatory framework was reformed
Q27: Which of the following statements is true?<br>A)Australia's
Q28: Which of the following statements is true?<br>A)An
Q29: Which of the following statements is true?<br>A)Off-balance-sheet
Q32: APRA conducts a prudential supervisory framework that
Q33: In response to the GFC and the
Q34: Which of the following statements is not
Q35: APRA's Supervisory Oversight and Response System (SOARS)
Q37: The use of off-balance-sheet activities and instruments