IICHKSI LE paper 1 English version

2CEXAM Mock Question

Licensing Examination Paper 1

14-Nov-17

A IB IC IID I

A IB I

D II

A IB I

D I

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A Securitiesborrowing and lending Chapter 1B Clients'AssetManagement Section 3C OperatingATS QID 790D Advisingontrusts Ans D Hot

A IB IIC ID I

A IB IC ID II

A IB IC IID I

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A Auditor Chapter 1B FundManager Section 3

D IndependentFinancial Advisers Ans A Hot

A Enhance international and local confidence in the financial markets of Hong Kong. Chapter 1B Encouragethe developmentof newproducts Section 7C Operateprofitableexchanges inHongKong QID 6D Reducetradinghours Ans A Hot

A IB IC IID III

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B They aim to achieve this goal through financial regulations of an acceptable international standard. Section 7C Maintain the stability of the Hong Kong Dollar. QID 7D

A IB I

D III

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Please be reminded our company has no relationship with the Hong Kong Securities and Investment Institute(HKSI) The study materials weprovide are not related to the Hong Kong Securities and Investment Institute(HKSI) in any manner The Hong Kong Securities and

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A Disclosure-based Chapter 1

D Fact-based Ans C Hot

B Disclosure-based

A The highest risk areas of the markets are given more regulatory attention. Chapter 1B The lowest risk areas of the markets are given more regulatory attention. Section 11C Regulations are focused on front-line operations of the markets. QID 784D Regulations are focused on logistics operations of the markets. Ans A Hot

A Adisclosure-based approach Chapter 1B A transparency-oriented approach Section 11C Arisk-basedapproach QID 785D Afact-orientedapproach Ans C Hot

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Please be reminded our company has no relationship with the Hong Kong Securities and Investment Institute(HKSI) The study materials weprovide are not related to the Hong Kong Securities and Investment Institute(HKSI) in any manner The Hong Kong Securities and

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18A MeritBased Chapter 1

D Risk-Based Ans D Hot

A Areview results-oriented approach Chapter 1B Arisk-basedapproach Section 11C Adisclosure-basedapproach QID 783D Aregulations-basedapproach Ans B Hot

D The regulatory body has full discretion in determining all administrative matters. Ans B Hot

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Please be reminded our company has no relationship with the Hong Kong Securities and Investment Institute(HKSI) The study materials weprovide are not related to the Hong Kong Securities and Investment Institute(HKSI) in any manner The Hong Kong Securities and

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A IB IIC ID II

A Chief Executiveof HKSAR Chapter 2B Financial Secretary Section 2

D ChairmanoftheSFC Ans A Hot

A IB IIC ID II

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Please be reminded our company has no relationship with the Hong Kong Securities and Investment Institute(HKSI) The study materials weprovide are not related to the Hong Kong Securities and Investment Institute(HKSI) in any manner The Hong Kong Securities and

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A IB IC ID III

A Chief Executiveof HKSAR Chapter 2B Financial Secretary Section 2

D ChairmanoftheSFC Ans B Hot

A Chief Executiveof HKSAR Chapter 2B Financial Secretary Section 2

D ChairmanoftheSFC Ans A Hot

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Please be reminded our company has no relationship with the Hong Kong Securities and Investment Institute(HKSI) The study materials weprovide are not related to the Hong Kong Securities and Investment Institute(HKSI) in any manner The Hong Kong Securities and

Investment Institute(HKSI)does not offer any HKSI Past Paper or HKSI Mock Paper for sale

A IB III

D II

D Require the SFC to report to him directly on all administrative matters. Ans A Hot

A Financial Secretary Chapter 2B Chief Executiveof HKSAR Section 5C Vice Secretary forFinancial Services andthe Treasury QID 19D The Permanent Secretary for Financial Services and the Treasury Ans D Hot

31A TheHKMA Chapter 2B TheSFC Section 8

D ExchangeFundAuthority Ans A Hot

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Please be reminded our company has no relationship with the Hong Kong Securities and Investment Institute(HKSI) The study materials weprovide are not related to the Hong Kong Securities and Investment Institute(HKSI) in any manner The Hong Kong Securities and

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