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NEW QUESTION: 1
Pursuant to the Third European Union Money Laundering Directive, how long after being out of prominent office should a person NOT be considered to be a Politically Exposed Person (PEP)?
A. 3 years
B. 1 year
C. 2 years
D. 4 years
Answer: B

NEW QUESTION: 2
Which of the following is not true about the ISDA master agreement (ISDA MA):
A. The ISDA MA describes events of default, and termination events
B. The ISDA MA describes the close out process
C. All transactions under the ISDA MA are considered separate obligations
D. The CSA (Credit Support Annex) is one of the parts of the ISDA MA
Answer: C
Explanation:
Explanation
The ISDA MA provides a template that can be used by market participants to document derivative transactions. It has a core section that applies always, and various schedules that can be agreed to by the parties. The ISDA MA considerably facilitates closing transactions once the ISDA MA has been has been negotiated, without requiring a renegotiation each time.
A key feature of the ISDA MA is that it binds all transactions into a single net obligation. The ISDA Master
2002 states that "All transactions are entered into in reliance on the fact that this Master Agreement and all Confirmations form a single agreement between the parties ... and the parties would not otherwise enter into any Transactions." Therefore transactions under the ISDA MA are not considered separate obligations.
The ISDA MA does indeed define close out processes, default and termination events, and the CSA is one of the parts of the MA that describes the collateral related agreement.

NEW QUESTION: 3
What types of data can the slotting process use to determine the putaway control parameters? There are 3 correct answers to this question.
A. Storage bin quants
B. Product data
C. Packaging data
D. Storage section
E. Demand forecasts/requirements
Answer: B,C,E