Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following credit entities will be overseen by the FSCA Credit providers themselves, in their capacity as such, where our role is limited

Which of the following credit entities will be overseen by the FSCA Credit providers themselves, in their capacity as such, where our role is limited to setting conduct standards for the governance of credit providers16. Such standard setting will be done after consultation with the NCR and in a riskbased and proportional manner, focusing mainly on larger providers. Credit providers themselves, in relation to services 'related to' the provision of credit, as discussed above. Cooperation and collaboration with the NCR to avoid duplication or misalignment in approaches is particularly important in these cases. Entities that are not credit providers, but provide services 'related to' credit provision. Although the NCR does not license or directly oversee these entities, appropriate information sharing between the FSCA and the NCR will be required to the extent that these entities indirectly impact credit extension outcomes Question 18Select one: a. All of the options are correct b. Only II is corect c. Only I and III are correct d. Only III is correct

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Legal Environment of Business

Authors: Roger E Meiners, Al H. Ringleb, Frances L. Edwards

11th Edition

9781133419716, 538473991, 1133419712, 978-0538473996

More Books

Students also viewed these Law questions

Question

Discuss the Rights issue procedure in detail.

Answered: 1 week ago

Question

Explain the procedure for valuation of shares.

Answered: 1 week ago

Question

Which months of this year 5 Mondays ?

Answered: 1 week ago

Question

Define Leap year?

Answered: 1 week ago