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Reflection Question 9 How do government regulations impact the expansion of non - bank financial services institutions? a ) They facilitate unchecked expansion b )
Reflection Question
How do government regulations impact the expansion of nonbank financial services institutions?
a They facilitate unchecked expansion
b They impose restrictions on expansion to mitigate risks
c They have no influence on expansion
School of Entrepreneurship & Business Innovation Department of Accounting & Finance
d They provide subsidies for expansion
Reflection Question
Which of the following is NOT a potential consequence of inadequate government regulations on financial institutions?
a Increased financial stability
b Heightened systemic risk
c Market manipulation
d Consumer exploitation
Reflection Question
Which of the following measures is NOT mandated by the new regulations?
a Stricter customer due diligence CDD procedures
b Enhanced transaction monitoring
c Reduced reporting requirements
d Improved reporting mechanisms
Reflection Question
What role does compliance with the new regulations play in the operation of financial institutions in Guyana?
a It is optional and can be disregarded by institutions
b It ensures the integrity of the financial system and protects against financial crimes
c It increases operational costs without providing any benefits
d It leads to increased government interference in financial matters
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