ACI
3I0-012 · Question #492
What is one of the responsibilities of the Middle Office according to the Model Code?
The correct answer is B. Investigating settlement discrepancies. See the full explanation below for the reasoning.
Question
What is one of the responsibilities of the Middle Office according to the Model Code?
Options
- ASending settlement instructions
- BInvestigating settlement discrepancies
- CKeeping a contact list of all back office staff of the bank's counterparties
- DExchanging standard settlement instructions (SSIs)
How the community answered
(57 responses)- A14% (8)
- B77% (44)
- C5% (3)
- D4% (2)
Community Discussion
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