ACI
3I0-012 · Question #394
As to general risk management principles, the Model Code mentions that the organizationalstructure should ensure independent risk management and controls. Which one of the following is not among…
The correct answer is B. regular internal audits should be carried out together with trading and risk management to ensure. See the full explanation below for the reasoning.
Question
As to general risk management principles, the Model Code mentions that the organizationalstructure should ensure independent risk management and controls. Which one of the following is not among those controls?
Options
- Aopen and effective communication channels between all levels of staff and cross-functions should
- Bregular internal audits should be carried out together with trading and risk management to ensure
- Ccomplete segregation of duties between the front, middle and back office activities
- Da separate system for independent monitoring to ensure compliance with the risk management framework
How the community answered
(26 responses)- A8% (2)
- B73% (19)
- C4% (1)
- D15% (4)
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