在备考FRM考试中重要的一件事就是真题的练习,尤其是近几年的FRM真题练习。那么,哪里有FRM真题解析呢?随融跃小编往下看~

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ABC Bank operates in the US and has a service contract in place with XYZ (Service), which operates in France. Service manages a significant amount of confidential customer data for Bank, and recently a computer glitch at Service resulted in the accidental public disclosure of confidential customer data.As a result of the data breach, which of the following risks is Bank least likely to face?

A) Legal risk.

B) Compliance risk.

C) Operational risk.

D) Country risk.

答案:D

解析: Country risk refers to using a service provider based in a foreign country and subjecting the financial institution to potential economic and political risks in that country. Clearly, it is not a relevant risk arising from customer data. Compliance risk is a possibility given the apparent lack of security controls of the service provider that resulted in the data breach. Operational risk is clearly a relevant risk to the financial institution here given the data breach caused by the service provider. Legal risk is clearly a relevant risk given that the customers affected by the data breach may sue the financial institution as a result of the breach.

Which of the following best describes economic capital? Economic capital measures the amount of:

A) Capital a firm must maintain to cover a significant credit loss and remain solvent.

B) Cash a firm must maintain to cover a significant credit loss and remain solvent.

C) Capital a firm must maintain to cover an average credit loss and remain solvent.

D) Cash a firm must maintain to cover a credit loss in the 25 percentile and remain solvent.

答案:A

解析:Economic capital measures the amount of capital a firm must maintain to cover a significant credit loss and remain solvent.

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