英文證券卷五 HKSI Paper 5 第一章
This post is also available in: 繁體中文 English (英語)

HKSIP5ET1
測驗概述
已完成 0/245 個問題
問題:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67
- 68
- 69
- 70
- 71
- 72
- 73
- 74
- 75
- 76
- 77
- 78
- 79
- 80
- 81
- 82
- 83
- 84
- 85
- 86
- 87
- 88
- 89
- 90
- 91
- 92
- 93
- 94
- 95
- 96
- 97
- 98
- 99
- 100
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 123
- 124
- 125
- 126
- 127
- 128
- 129
- 130
- 131
- 132
- 133
- 134
- 135
- 136
- 137
- 138
- 139
- 140
- 141
- 142
- 143
- 144
- 145
- 146
- 147
- 148
- 149
- 150
- 151
- 152
- 153
- 154
- 155
- 156
- 157
- 158
- 159
- 160
- 161
- 162
- 163
- 164
- 165
- 166
- 167
- 168
- 169
- 170
- 171
- 172
- 173
- 174
- 175
- 176
- 177
- 178
- 179
- 180
- 181
- 182
- 183
- 184
- 185
- 186
- 187
- 188
- 189
- 190
- 191
- 192
- 193
- 194
- 195
- 196
- 197
- 198
- 199
- 200
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 223
- 224
- 225
- 226
- 227
- 228
- 229
- 230
- 231
- 232
- 233
- 234
- 235
- 236
- 237
- 238
- 239
- 240
- 241
- 242
- 243
- 244
- 245
資訊
HKSIP5ET1
您已完成過測驗,因此您不能再測驗。
測驗載入中...
您必須登入或註冊才能開始測驗。
您必須先完成以下測驗才能開始:
百分比
答對 0/245 個問題
答題時間:
時間已花費
您獲得 0/0 分數 (0)
平均分數 |
|
您的成績 |
|
類別
- Topic 1 0%
-
HKSIP5ET1
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63
- 64
- 65
- 66
- 67
- 68
- 69
- 70
- 71
- 72
- 73
- 74
- 75
- 76
- 77
- 78
- 79
- 80
- 81
- 82
- 83
- 84
- 85
- 86
- 87
- 88
- 89
- 90
- 91
- 92
- 93
- 94
- 95
- 96
- 97
- 98
- 99
- 100
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 123
- 124
- 125
- 126
- 127
- 128
- 129
- 130
- 131
- 132
- 133
- 134
- 135
- 136
- 137
- 138
- 139
- 140
- 141
- 142
- 143
- 144
- 145
- 146
- 147
- 148
- 149
- 150
- 151
- 152
- 153
- 154
- 155
- 156
- 157
- 158
- 159
- 160
- 161
- 162
- 163
- 164
- 165
- 166
- 167
- 168
- 169
- 170
- 171
- 172
- 173
- 174
- 175
- 176
- 177
- 178
- 179
- 180
- 181
- 182
- 183
- 184
- 185
- 186
- 187
- 188
- 189
- 190
- 191
- 192
- 193
- 194
- 195
- 196
- 197
- 198
- 199
- 200
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 223
- 224
- 225
- 226
- 227
- 228
- 229
- 230
- 231
- 232
- 233
- 234
- 235
- 236
- 237
- 238
- 239
- 240
- 241
- 242
- 243
- 244
- 245
- 已答
- 回顧
-
1/245問題
1. 問題
1 分QID1720:Which of the following are laws and rules that govern corporate finance activities in Hong Kong?
I. Securities and Futures Ordinance (SFO)
II. Companies Ordinance (CO)
III. Mainboard Listing Rules
IV. The Code on Takeovers and Mergers正確
All of the above are laws and rules that govern corporate finance activities.
錯誤
All of the above are laws and rules that govern corporate finance activities.
提示
Reference Chapter:1.1.1
-
2/245問題
2. 問題
1 分QID1702:Which of the following are not laws and rules that govern corporate finance activities in Hong Kong?
I. Share Buy-backs Code
II. GEM Listing Rules
III. Mining Companies Listing Rules
IV. Mutual Fund Listing Rules正確
Laws and rules that govern corporate finance activities in Hong Kong include:
I. Main Board Listing Rules
II. GEM Listing Rules
III. Takeovers Code
IV. Share Buy-backs Code錯誤
Laws and rules that govern corporate finance activities in Hong Kong include:
I. Main Board Listing Rules
II. GEM Listing Rules
III. Takeovers Code
IV. Share Buy-backs Code提示
Reference Chapter:1.1.1
-
3/245問題
3. 問題
1 分QID73:Which of the following are functions of the Corporate Finance Division of the SFC?
I. Administer the Codes on Takeovers and Mergers and Share Buy-backs and regulates takeovers, mergers and share buy- backs of applicable companies
II. Provide advice on corporate restructuring to listed company in
Hong Kong
III. Supervise the listing-related activities of The Stock Exchange
of Hong Kong Limited (“SEHK”)
IV. Provide advice on takeover activities to minority shareholders正確
Corporate Finance Division:
(a) administers The Codes on Takeovers and Mergers and Share Buy-backs and regulates takeovers, mergers and share buy-backs of applicable companies;
(b) supervises the listing-related activities of The Stock Exchange of Hong Kong Limited (“SEHK”).錯誤
Corporate Finance Division:
(a) administers The Codes on Takeovers and Mergers and Share Buy-backs and regulates takeovers, mergers and share buy-backs of applicable companies;
(b) supervises the listing-related activities of The Stock Exchange of Hong Kong Limited (“SEHK”).提示
Reference Chapter:1.1.10
-
4/245問題
4. 問題
1 分QID1713:Which of the following are the roles that the SFC’s Corporate Finance Division performs?
I. Oversees the Stock Exchange’s listing-related functions and responsibilities
II. Administers securities legislation relating to listed companies
III. Facilitates the development of effective and efficient capital markets in the PRC
IV. Promotes fair and equal treatment of all share holders正確
SFC belongs to Hong Kong rather than China.
錯誤
SFC belongs to Hong Kong rather than China.
提示
Reference Chapter:1.1.10
-
5/245問題
5. 問題
1 分QID74:Which department/division/panel/tribunal is responsible for the administration of Codes on Takeovers and Mergers and Share Buy- backs?
正確
Corporate Finance Division:
(a) administers The Codes on Takeovers and Mergers and Share Buy-backs and regulates takeovers, mergers and share buy-backs of applicable companies.錯誤
Corporate Finance Division:
(a) administers The Codes on Takeovers and Mergers and Share Buy-backs and regulates takeovers, mergers and share buy-backs of applicable companies.提示
Reference Chapter:1.1.10
-
6/245問題
6. 問題
1 分QID1712:Which of the following are not the duties that the Corporate Finance Division of the SFC performs?
I. Authorize but do not administer the Takeovers and Mergers Code and Share Repurchase Code.
II. Review Licensing Application for Corporate Finance Advisers.
III. Promotes fair and equal treatment of majority share holder.
IV. Review Listing Rules and GEM Listing Rules正確
The duties that the Corporate Finance Division of the SFC includes:
I. Administer the Takeovers and Mergers Code and Share Repurchase Code. Regulate takeovers, mergers and share buy-backs of applicable companies.
II. Supervises the SEHK’s listing related functions and responsibilities.
III. Review and make suggestions to Main Board Listing Rules and GEM Listing Rules
IV. Reviews prospectuses and grant exemptions
V. Administers the dual filing regime錯誤
The duties that the Corporate Finance Division of the SFC includes:
I. Administer the Takeovers and Mergers Code and Share Repurchase Code. Regulate takeovers, mergers and share buy-backs of applicable companies.
II. Supervises the SEHK’s listing related functions and responsibilities.
III. Review and make suggestions to Main Board Listing Rules and GEM Listing Rules
IV. Reviews prospectuses and grant exemptions
V. Administers the dual filing regime提示
Reference Chapter:1.1.10
-
7/245問題
7. 問題
1 分QID1729:One of the divisions of the SFC is the Corporate Finance Division. Which of the following functions are not a function of the Corporate Finance Division?
I. Monitors the markets to detect market misconduct.II. Supervises the SEHK’s listing-related functions and responsibilities.
III. Hear disciplinary matters in the first instance.
IV. Reviews prospectuses of unlisted issuers for authorization and grants exemptions for prospectuses issued by listed and unlisted issuers.
正確
The function of the Corporate Finance Division of the SFC includes:
1. Supervises the SEHK’s listing-related functions and responsibilities.
2. Reviews prospectuses of unlisted issuers for authorization and grants exemptions for prospectuses issued by listed and unlisted issuers.錯誤
The function of the Corporate Finance Division of the SFC includes:
1. Supervises the SEHK’s listing-related functions and responsibilities.
2. Reviews prospectuses of unlisted issuers for authorization and grants exemptions for prospectuses issued by listed and unlisted issuers.提示
Reference Chapter:1.1.10
-
8/245問題
8. 問題
1 分QID2834:Which department of the SFC is responsible for monitoring listed companies’ announcements and identifying misconduct or non-compliance?
正確
The SFC’s Corporate Finance Division monitors listed companies’ announcements and identifies misconduct or non-compliance by listed companies.
錯誤
The SFC’s Corporate Finance Division monitors listed companies’ announcements and identifies misconduct or non-compliance by listed companies.
提示
Reference Chapter:1.1.10
-
9/245問題
9. 問題
1 分QID72:Which of the following Committees, tribunals and panels manages the administration of Codes on Takeovers and Mergers and Share Buy-backs?
正確
Corporate Finance Division:
(a) administers The Codes on Takeovers and Mergers and Share Buy-backs and regulates takeovers, mergers and share buy-backs of applicable companies錯誤
Corporate Finance Division:
(a) administers The Codes on Takeovers and Mergers and Share Buy-backs and regulates takeovers, mergers and share buy-backs of applicable companies提示
Reference Chapter:1.1.10
-
10/245問題
10. 問題
1 分QID77:The SFC and the various codes it has issued place importance on the responsibility of which of the following entities to set
appropriate standards of conduct?正確
Licensing Department:
(b) issues codes and guidelines concerning the competence and suitability of corporations and individuals to remain licensed.錯誤
Licensing Department:
(b) issues codes and guidelines concerning the competence and suitability of corporations and individuals to remain licensed.提示
Reference Chapter:1.1.12
-
11/245問題
11. 問題
1 分QID1730:Which department is the one in charge to issue a Type 6 Licence for Corporate Finance Advisers?
正確
Corporate finance advisers requiring a Type 6 licence will obtain it from the Licensing Department of the SFC.
錯誤
Corporate finance advisers requiring a Type 6 licence will obtain it from the Licensing Department of the SFC.
提示
Reference Chapter:1.1.12
-
12/245問題
12. 問題
1 分QID2783:Mr. Ko owns 45% of the voting rights of Kaohsiung Enterprises. Recently Mr. Ko intends to increase his holding of shares of Kaohsiung Enterprises by 10% while Kaohsiung Enterprise holds 15% shares of Kaohsiung Securities, a licensed corporation. Should Mr. Ko obtain SFC’s approval before increasing his Kaohsiung shares holdings?
正確
Since Kaohsiung Enterprises controls more than 10% of Kaohsiung Securities, Kaohsiung Enterprises is the substantial shareholder of Kaohsiung Securities. Mr. Ko controls more than 35% shares of Kaohsiung Enterprises, so he indirectly becomes a substantial shareholder of Kaohsiung Securities.
SFC’s approval is only required if a non-substantial shareholder becomes a substantial shareholder. As Mr. Ko has been a substantial shareholder of Kaohsiung Securities, there is no need for the approval of the SFC.
錯誤
Since Kaohsiung Enterprises controls more than 10% of Kaohsiung Securities, Kaohsiung Enterprises is the substantial shareholder of Kaohsiung Securities. Mr. Ko controls more than 35% shares of Kaohsiung Enterprises, so he indirectly becomes a substantial shareholder of Kaohsiung Securities.
SFC’s approval is only required if a non-substantial shareholder becomes a substantial shareholder. As Mr. Ko has been a substantial shareholder of Kaohsiung Securities, there is no need for the approval of the SFC.
提示
Reference Chapter:1.1.12
-
13/245問題
13. 問題
1 分QID78:Which department/division of the SFC licenses asset management corporation and their staff and approves responsible officers?
正確
Licensing Department:
(a) licenses corporations and individuals seeking to conduct business in Hong Kong in the regulated activities for which a licence is required under the SFO.錯誤
Licensing Department:
(a) licenses corporations and individuals seeking to conduct business in Hong Kong in the regulated activities for which a licence is required under the SFO.提示
Reference Chapter:1.1.12
-
14/245問題
14. 問題
1 分QID1715:Which of the following division of the SFC will be responsible for licensing matters with regards to a Type 6 Licence?
正確
The Intermediaries Supervision Department supervises the business conduct of licensed corporations and individual licensees, monitors the financial integrity of licensed corporations on an ongoing basis and maintains communication with intermediaries and the industry on relevant policy and regulatory issues. There will be ongoing supervision by this department of Type 6 licensees via both on-site and off-site monitoring and reviews.
錯誤
The Intermediaries Supervision Department supervises the business conduct of licensed corporations and individual licensees, monitors the financial integrity of licensed corporations on an ongoing basis and maintains communication with intermediaries and the industry on relevant policy and regulatory issues. There will be ongoing supervision by this department of Type 6 licensees via both on-site and off-site monitoring and reviews.
提示
Reference Chapter:1.1.12
-
15/245問題
15. 問題
1 分QID79:Which department/division of the SFC supervises licensed corporations and individual licensees on an ongoing basis?
正確
Intermediaries Supervision Department:
(a) supervises the business conduct of licensed corporations and individual licensees on an ongoing basis, by conducting on-site inspection and off-site monitoring; and
(b) monitors the financial integrity of licensed corporations.錯誤
Intermediaries Supervision Department:
(a) supervises the business conduct of licensed corporations and individual licensees on an ongoing basis, by conducting on-site inspection and off-site monitoring; and
(b) monitors the financial integrity of licensed corporations.提示
Reference Chapter:1.1.13
-
16/245問題
16. 問題
1 分QID105:Which of the following organization is responsible for front-line prudential and conduct regulation of market participants?
正確
Except in relation to the management of business risk, and the enforcement of their own listing, trading, clearing and settlement rules, HKEX, the exchanges and the clearing houses are not responsible for front-line prudential and conduct regulation of market participants, which is carried out by the SFC.
錯誤
Except in relation to the management of business risk, and the enforcement of their own listing, trading, clearing and settlement rules, HKEX, the exchanges and the clearing houses are not responsible for front-line prudential and conduct regulation of market participants, which is carried out by the SFC.
提示
Reference Chapter:1.1.13
-
17/245問題
17. 問題
1 分QID1716:The licensing department of the SFC is not responsible for
正確
The licensing department of the SFC is not responsible for setting continuous professional training standards for licensed corporation.
錯誤
The licensing department of the SFC is not responsible for setting continuous professional training standards for licensed corporation.
提示
Reference Chapter:1.1.13
-
18/245問題
18. 問題
1 分QID1714:The Enforcement Division is also crucial to the discharge by the SFC of some of its corporate finance functions, that is because
I. it undertakes inquiries into alleged breaches of the SFO ad codes, including possible insider dealing and market manipulation offences
II. it institutes disciplinary proceedings for misconduct licensed intermediaries, which may result in censure, suspension or revocation of Licence
III. it oversees the Stock Exchange’s listing-related functions and responsibilities
IV. It review Licensing Application for Corporate Finance Act ivies正確
The Enforcement Division conducts market surveillance to identify improper or illegal activities for further investigation.
錯誤
The Enforcement Division conducts market surveillance to identify improper or illegal activities for further investigation.
提示
Reference Chapter:1.1.14
-
19/245問題
19. 問題
1 分QID2846:Which department of the SFC is responsible for monitoring transactions in the stock market?
正確
The Enforcement Division is responsible for monitoring stock market transactions. The Supervision of Markets Division mainly monitors and regulates the exchange itself, not the transactions that take place in the market.
錯誤
The Enforcement Division is responsible for monitoring stock market transactions. The Supervision of Markets Division mainly monitors and regulates the exchange itself, not the transactions that take place in the market.
提示
Reference Chapter:1.1.14
-
20/245問題
20. 問題
1 分QID1731:The instance in charge of DETECT market misconducts is?
正確
The Enforcement Division conducts market surveillance to identify improper or illegal activities for further investigation.
錯誤
The Enforcement Division conducts market surveillance to identify improper or illegal activities for further investigation.
提示
Reference Chapter:1.1.14
-
21/245問題
21. 問題
1 分QID76:Which of the following division of the SFC authorizes CIS?
正確
Investment Products Division:
(b) regulates and approves investment products that are offered to the public and subject to the SFO.錯誤
Investment Products Division:
(b) regulates and approves investment products that are offered to the public and subject to the SFO.提示
Reference Chapter:1.1.15
-
22/245問題
22. 問題
1 分QID1738:The Investment Products Division is a part of which of this entities?
正確
The SFC has a Corporate Finance Division, which is the major division regulating corporate finance activities. However, Type 6 licensees will also interact with the Intermediaries Division, and possibly with the Enforcement Division. It may be noted that the SFC also operates the Supervision of Markets Division and Investment Products Division.
錯誤
The SFC has a Corporate Finance Division, which is the major division regulating corporate finance activities. However, Type 6 licensees will also interact with the Intermediaries Division, and possibly with the Enforcement Division. It may be noted that the SFC also operates the Supervision of Markets Division and Investment Products Division.
提示
Reference Chapter:1.1.15
-
23/245問題
23. 問題
1 分QID75:Which department/division of the SFC deals with the authorization of CISs?
正確
Investment Products Division:
(b) regulates and approves investment products that are offered to the public and subject to the SFO.錯誤
Investment Products Division:
(b) regulates and approves investment products that are offered to the public and subject to the SFO.提示
Reference Chapter:1.1.15
-
24/245問題
24. 問題
1 分QID2761:Which of the following statements about the SFC is correct?
正確
The SFC is responsible for the regulation of all securities and futures activities, including the regulatory activities carried out by banks. It is also responsible for regulating the exchange controller.
錯誤
The SFC is responsible for the regulation of all securities and futures activities, including the regulatory activities carried out by banks. It is also responsible for regulating the exchange controller.
提示
Reference Chapter:1.1.15
-
25/245問題
25. 問題
1 分QID1717:The SFC has established regulatory committees to which it has delegated some of its functions, including which of the following
I. The Market Misconduct Tribunal
II. The Takeovers and Mergers Panel
III. The Share Repurchase Panel
IV.The Takeovers Appeals Committee正確
The SFC has established regulatory committees to which it has delegated some of its functions.
In addition, there are tribunals and panels which are part of the regulatory mechanism. The major ones are: the Takeovers and Mergers Panel (“Panel”), the Takeovers Appeal Committee, the Market Misconduct Tribunal (“MMT”), and the Securities and Futures Appeals Tribunal (“SFAT”).錯誤
The SFC has established regulatory committees to which it has delegated some of its functions.
In addition, there are tribunals and panels which are part of the regulatory mechanism. The major ones are: the Takeovers and Mergers Panel (“Panel”), the Takeovers Appeal Committee, the Market Misconduct Tribunal (“MMT”), and the Securities and Futures Appeals Tribunal (“SFAT”).提示
Reference Chapter:1.1.16
-
26/245問題
26. 問題
1 分QID64:Which of the following committee, tribunal or panel is not independent of the Securities and Futures Commission?
正確
The SFC has established various regulatory committees to which it has delegated some of its functions, e.g.:
(b) Takeovers Appeal Committee – hears appeals against the disciplinary rulings of the Takeovers and Mergers Panel at the request of an aggrieved party for the sole purpose of determining whether any sanction imposed by the Panel is unfair or excessive.錯誤
The SFC has established various regulatory committees to which it has delegated some of its functions, e.g.:
(b) Takeovers Appeal Committee – hears appeals against the disciplinary rulings of the Takeovers and Mergers Panel at the request of an aggrieved party for the sole purpose of determining whether any sanction imposed by the Panel is unfair or excessive.提示
Reference Chapter:1.1.18
-
27/245問題
27. 問題
1 分QID66:Which of the following committee, tribunal or panel is a part of the SFC?
正確
The SFC has established various regulatory committees to which it has delegated some of its functions, e.g.:
(b) Takeovers Appeal Committee – hears appeals against the disciplinary rulings of the Takeovers and Mergers Panel at the request of an aggrieved party for the sole purpose of determining whether any sanction imposed by the Panel is unfair or excessive.錯誤
The SFC has established various regulatory committees to which it has delegated some of its functions, e.g.:
(b) Takeovers Appeal Committee – hears appeals against the disciplinary rulings of the Takeovers and Mergers Panel at the request of an aggrieved party for the sole purpose of determining whether any sanction imposed by the Panel is unfair or excessive.提示
Reference Chapter:1.1.18
-
28/245問題
28. 問題
1 分QID69:Which of the following tribunals and panels are independent of the Securities and Futures Commission (SFC)?
I. Takeovers and Mergers Panel
II. Takeover Appeals Committee
III. Securities and Futures Appeals Tribunal
IV. Market Misconduct Tribunal正確
The following tribunals and panels are independent of the SFC:
(a) Securities and Futures Appeals Tribunal (“SFAT”) – established by the SFO as an independent statutory body. Chaired by a High Court judge, the SFAT comprises current and former judges appointed by the Chief Executive of the HKSAR and two other members drawn from a panel appointed by the Financial Secretary under delegated authority. The function of the SFAT is to hear appeals against the decisions made by the SFC relating to the licensing or registration of intermediaries and certain other matters錯誤
The following tribunals and panels are independent of the SFC:
(a) Securities and Futures Appeals Tribunal (“SFAT”) – established by the SFO as an independent statutory body. Chaired by a High Court judge, the SFAT comprises current and former judges appointed by the Chief Executive of the HKSAR and two other members drawn from a panel appointed by the Financial Secretary under delegated authority. The function of the SFAT is to hear appeals against the decisions made by the SFC relating to the licensing or registration of intermediaries and certain other matters提示
Reference Chapter:1.1.18
-
29/245問題
29. 問題
1 分QID1732:What is the main purpose of the Market Misconduct Tribunal?
正確
The MMT is established under the SFO to deal with market misconduct, including insider dealing, stock market manipulation, etc.
錯誤
The MMT is established under the SFO to deal with market misconduct, including insider dealing, stock market manipulation, etc.
提示
Reference Chapter:1.1.19
-
30/245問題
30. 問題
1 分QID1706:Which of the following codes and guidelines are corporate finance advisers subjected to?
I. Code of Conduct for Credit Rating Agencies
II. Management, Supervision and Internal Control Guidelines
III. Code of Conduct
IV. CFA Code正確
Corporate finance advisers are subjected to <
>、< > and <
>. 錯誤
Corporate finance advisers are subjected to <
>、< > and <
>. 提示
Reference Chapter:1.1.2
-
31/245問題
31. 問題
1 分QID1705:Corporate Finance is classified as which of the following type of regulated activity under the SFO?
正確
Corporate Finance is Type 6 Regulated Activity under the SFO.
錯誤
Corporate Finance is Type 6 Regulated Activity under the SFO.
提示
Reference Chapter:1.1.2
-
32/245問題
32. 問題
1 分QID1727:Every person undertaking the regulated activity of advising on corporate finance will need to?
正確
Persons undertaking the regulated activity of advising on corporate finance will need to be
licensed by or registered with the SFC as a corporate finance adviser (Type 6 regulated
activity) unless an exemption applies.錯誤
Persons undertaking the regulated activity of advising on corporate finance will need to be
licensed by or registered with the SFC as a corporate finance adviser (Type 6 regulated
activity) unless an exemption applies.提示
Reference Chapter:1.1.2
-
33/245問題
33. 問題
1 分QID2361:In the Securities and Futures Ordinance (SFO), chapters related to licensing and registration may apply to?
I. Staffs of licensed corporations
II. Staffs of registered agents
III. Banks conducting regulated activities
IV. Professional investors正確
In the Securities and Futures Ordinance (SFO), chapters related to licensing and registration may apply to?
I. Licensed corporations
II. staffs of licensed corporations
III. Banks conducting regulated activities (registered institutions)
IV. Staffs of banks conducting regulated activities (registered institutions)錯誤
In the Securities and Futures Ordinance (SFO), chapters related to licensing and registration may apply to?
I. Licensed corporations
II. staffs of licensed corporations
III. Banks conducting regulated activities (registered institutions)
IV. Staffs of banks conducting regulated activities (registered institutions)提示
Reference Chapter:1.1.2
-
34/245問題
34. 問題
1 分QID70:Which of the following description about the Securities and Futures Appeals Tribunal is correct?
正確
The function of the SFAT is to hear appeals against the decisions made by the SFC relating to the licensing or registration of intermediaries and certain other matters.
錯誤
The function of the SFAT is to hear appeals against the decisions made by the SFC relating to the licensing or registration of intermediaries and certain other matters.
提示
Reference Chapter:1.1.20
-
35/245問題
35. 問題
1 分QID21:Which of the following entities is responsible for maintaining the currency stability and the stability of the banking system in Hong Kong?
正確
The HKMA is required to maintain currency stability, ensure the safety and stability of the banking system, and promote the efficiency, integrity and development of the financial system.
錯誤
The HKMA is required to maintain currency stability, ensure the safety and stability of the banking system, and promote the efficiency, integrity and development of the financial system.
提示
Reference Chapter:1.1.21
-
36/245問題
36. 問題
1 分QID33:British Construction Bank is an AFI regulated by the HKMA. Which of the following entities is responsible for supervising the regulated activities it conducts under the SFO?
正確
The HKMA and the SFC must work closely together in relation to any SFC-regulated activities that are carried out by registered
institutions. To this end, a memorandum of understanding (“MOU”) has been signed between the two regulators, setting out their roles and responsibilities so as to minimise overlaps under the regulatory regime.錯誤
The HKMA and the SFC must work closely together in relation to any SFC-regulated activities that are carried out by registered
institutions. To this end, a memorandum of understanding (“MOU”) has been signed between the two regulators, setting out their roles and responsibilities so as to minimise overlaps under the regulatory regime.提示
Reference Chapter:1.1.21
-
37/245問題
37. 問題
1 分QID32:Which of the following descriptions are correct?
I. All banks in Hong Kong are supervised by the SFC.
II. Some of the activities conducted by registered institutions are regulated by the SFO.
III. A memorandum of understanding (“MOU”) has been signed between the SFC and the HKMA to minimize regulatory overlaps.
IV. The Insurance Authority is the major regulator of the insurance industry in Hong Kong.正確
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. Clearly, the HKMA and the SFC must work closely together in relation to any SFC-regulated activities that are carried out by registered institutions. To this end, a memorandum of understanding (“MOU”) has been signed between the two regulators, setting out their roles and responsibilities so as to minimise overlaps under the regulatory regime. The Insurance Authority is the major regulator of the insurance industry in Hong Kong.
錯誤
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. Clearly, the HKMA and the SFC must work closely together in relation to any SFC-regulated activities that are carried out by registered institutions. To this end, a memorandum of understanding (“MOU”) has been signed between the two regulators, setting out their roles and responsibilities so as to minimise overlaps under the regulatory regime. The Insurance Authority is the major regulator of the insurance industry in Hong Kong.
提示
Reference Chapter:1.1.21
-
38/245問題
38. 問題
1 分QID31:Which of the following is the regulator of Authorised Financial
Institutions?正確
As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.
錯誤
As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.
提示
Reference Chapter:1.1.21
-
39/245問題
39. 問題
1 分QID30:Which of the following is the regulator of Registered Institutions?
正確
As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out
on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.錯誤
As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out
on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.提示
Reference Chapter:1.1.21
-
40/245問題
40. 問題
1 分QID29:Which of the following descriptions about Authorised Financial
Institutions (AFI) are true?
I. All Registered Institutions are banks.
II. If the AFIs are conducting the regulated activities as defined by the SFO, the AFIs should register with the SFC.
III. SFC is responsible for licensing AFIs for all businesses
IV. The HKMA may refer cases of suspected malpractice by registered institutions in respect of the SFC-regulated activities to the SFC正確
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. The HKMA may refer cases of suspected malpractice by registered institutions in respect of the SFC-regulated activities to the SFC, which may directly review those institutions.
錯誤
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. The HKMA may refer cases of suspected malpractice by registered institutions in respect of the SFC-regulated activities to the SFC, which may directly review those institutions.
提示
Reference Chapter:1.1.21
-
41/245問題
41. 問題
1 分QID28:Which entity is the frontline regulator of registered institution that conducts regulated activity as defined by the SFO?
正確
As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out on-site inspections.
錯誤
As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out on-site inspections.
提示
Reference Chapter:1.1.21
-
42/245問題
42. 問題
1 分QID24:If an AFI plans to conduct regulated activities as defined by the SFO, which of the following entities should it register with ?
正確
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity.
錯誤
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity.
提示
Reference Chapter:1.1.21
-
43/245問題
43. 問題
1 分QID26:British Construction Bank is an authorised financial institution. Amid the downfall of the Hong Kong banking sector, it would like to sell fund products of other companies to clients to generate revenue. Where should British Construction Bank apply for a license?
正確
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out
on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.錯誤
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out
on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.提示
Reference Chapter:1.1.21
-
44/245問題
44. 問題
1 分QID1718:Which of the following institution is responsible for regulating the banking industry?
正確
The HKMA is responsible for regulating the banking industry.
錯誤
The HKMA is responsible for regulating the banking industry.
提示
Reference Chapter:1.1.21
-
45/245問題
45. 問題
1 分QID25:British Construction Bank is an authorised financial institution (AFI). Due to the rapid development of the securities markets, the company plans to provide securities trading services to its customer. How should the company proceed?
正確
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as
registered institutions if they wish to carry out an SFC-regulated activity. As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.錯誤
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as
registered institutions if they wish to carry out an SFC-regulated activity. As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.提示
Reference Chapter:1.1.21
-
46/245問題
46. 問題
1 分QID27:Which of the following descriptions about intermediaries are correct?
I. Licensed Corporations are licensed by and supervised by the SFC.
II. Authorised Financial Institutions must register with the SFC in order to conduct regulated activities.
III. Registered Institutions need to comply with some of the codes and guidelines issued by the SFC.
IV. Registered Institutions need to be registered with the company registry.正確
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out
on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.錯誤
Under the SFO and the Banking Ordinance, authorised financial institutions (“AFIs”), which are regulated by the HKMA and include banks, have to be registered with the SFC as registered institutions if they wish to carry out an SFC-regulated activity. As the frontline regulator of AFIs is the HKMA, the latter takes the leading role in vetting applications for such registration and in supervising their SFC-regulated activities, including carrying out
on-site inspections. The HKMA applies all SFC criteria, such as the “fit and proper” criteria, in supervising AFIs registered with the SFC.提示
Reference Chapter:1.1.22
-
47/245問題
47. 問題
1 分QID176:Which of the following institutions is required to become a “registered institution”?
正確
The provisions of the SFO have different applications to the following different classes of person:
(b) “registered institution”, which refers to authorised financial institutions (“AFIs”) directly supervised by the Hong Kong Monetary Authority (“HKMA”) and registered with the SFC.錯誤
The provisions of the SFO have different applications to the following different classes of person:
(b) “registered institution”, which refers to authorised financial institutions (“AFIs”) directly supervised by the Hong Kong Monetary Authority (“HKMA”) and registered with the SFC.提示
Reference Chapter:1.1.22
-
48/245問題
48. 問題
1 分QID1719:For banks that also undertake regulated Type 1 to Type 7 regulated activities, they will be regulated by
正確
For banks that also undertake regulated Type 1 to Type 7 regulated activities, they will be regulated by both the HKMA and SFC.
錯誤
For banks that also undertake regulated Type 1 to Type 7 regulated activities, they will be regulated by both the HKMA and SFC.
提示
Reference Chapter:1.1.22
-
49/245問題
49. 問題
1 分QID2321:British Construction Bank is an authorised financial institution. It is planning to include corporate finance as a new course of business in lieu of declining banking income. What actions should British Construction Bank take going forward?
正確
AFIs who engage in the regulated activity of advising on corporate finance are required under the SFO to be registered with the SFC to become “registered institutions”.
錯誤
AFIs who engage in the regulated activity of advising on corporate finance are required under the SFO to be registered with the SFC to become “registered institutions”.
提示
Reference Chapter:1.1.22
-
50/245問題
50. 問題
1 分QID102:Which of the following clearing houses are currently in operation in Hong Kong?
I. Hong Kong Securities Clearing Company Limited.
II. The SEHK Options Clearing House Limited.
III. HKFE Clearing Corporation Limited.
IV. Hong Kong Options Clearing Limited.正確
On 6 March 2000, the SEHK, HKFE and the three
associated clearing houses – Hong Kong Securities Clearing Company Limited, The SEHK Options Clearing House Limited and HKFE Clearing Corporation Limited – became wholly owned subsidiaries of HKEX.錯誤
On 6 March 2000, the SEHK, HKFE and the three
associated clearing houses – Hong Kong Securities Clearing Company Limited, The SEHK Options Clearing House Limited and HKFE Clearing Corporation Limited – became wholly owned subsidiaries of HKEX.提示
Reference Chapter:1.1.23
-
51/245問題
51. 問題
1 分QID106:Which of the following entity is responsible for the management of business risk, and the enforcement of their listing, trading, clearing and settlement rules?
正確
Except in relation to the management of business risk, and the enforcement of their own listing, trading, clearing and settlement rules, HKEX, the exchanges and the clearing houses are not responsible for front-line prudential and conduct regulation of market participants, which is carried out by the SFC.
錯誤
Except in relation to the management of business risk, and the enforcement of their own listing, trading, clearing and settlement rules, HKEX, the exchanges and the clearing houses are not responsible for front-line prudential and conduct regulation of market participants, which is carried out by the SFC.
提示
Reference Chapter:1.1.23
-
52/245問題
52. 問題
1 分QID100:Which of the following securities and futures exchanges are currently in Hong Kong?
I. Stock Exchange of Hong Kong.
II. Hong Kong Futures Exchange Limited.
III. Hong Kong Options Exchange.
IV. Hong Kong Bonds Exchange.正確
The SEHK and HKFE are recognised under s. 19, SFO as exchange companies that may operate a stock market and a futures market in Hong Kong respectively.
錯誤
The SEHK and HKFE are recognised under s. 19, SFO as exchange companies that may operate a stock market and a futures market in Hong Kong respectively.
提示
Reference Chapter:1.1.23
-
53/245問題
53. 問題
1 分QID2353:Hong Kong Exchange is
正確
Hong Kong Exchange is the exchange designated by Hong Kong and the controller of clearing company. The subsidiary of Hong Kong Exchange includes The Stock Exchange of Hong Kong Limited, which is responsible for the trading and clearing of securities and futures contract.
錯誤
Hong Kong Exchange is the exchange designated by Hong Kong and the controller of clearing company. The subsidiary of Hong Kong Exchange includes The Stock Exchange of Hong Kong Limited, which is responsible for the trading and clearing of securities and futures contract.
提示
Reference Chapter:1.1.24
-
54/245問題
54. 問題
1 分QID92:Which of the following description about the HKEX is correct?
I. The HKEX is a listed company on the SEHK.
II. The HKEX is an exchange controller recognized by the SFC
III. The SEHK, HKFE and the three associated clearing houses are subsidiaries of the HKEX.
IV. The HKEX is responsible for front-line prudential and conduct regulation of market participants.正確
HKEX is a listed company on the SEHK. On 6 March 2000, the SEHK, HKFE and the three associated clearing houses – Hong Kong Securities Clearing Company Limited, The SEHK
Options Clearing House Limited and HKFE Clearing Corporation Limited – became wholly owned subsidiaries of HKEX. HKEX is an exchange controller recognised by the SFC under s. 59, SFO.錯誤
HKEX is a listed company on the SEHK. On 6 March 2000, the SEHK, HKFE and the three associated clearing houses – Hong Kong Securities Clearing Company Limited, The SEHK
Options Clearing House Limited and HKFE Clearing Corporation Limited – became wholly owned subsidiaries of HKEX. HKEX is an exchange controller recognised by the SFC under s. 59, SFO.提示
Reference Chapter:1.1.24
-
55/245問題
55. 問題
1 分QID99:Which of the following is an exchange controller in Hong Kong?
正確
HKEX is an exchange controller recognised by the SFC under s. 59, SFO.
錯誤
HKEX is an exchange controller recognised by the SFC under s. 59, SFO.
提示
Reference Chapter:1.1.24
-
56/245問題
56. 問題
1 分QID2751:Which of the following descriptions about the HKEX is incorrect?
正確
HKEX is not responsible for front-line prudential regulation of market participants. Such task is the responsibility of the SFC.
錯誤
HKEX is not responsible for front-line prudential regulation of market participants. Such task is the responsibility of the SFC.
提示
Reference Chapter:1.1.24
-
57/245問題
57. 問題
1 分QID101:Which of the following is an exchange controller?
正確
HKEX is an exchange controller recognised by the SFC under s. 59, SFO.
錯誤
HKEX is an exchange controller recognised by the SFC under s. 59, SFO.
提示
Reference Chapter:1.1.24
-
58/245問題
58. 問題
1 分QID1722:Which of the following organization issued the listing rules?
正確
SEHK issued the listing rules.
錯誤
SEHK issued the listing rules.
提示
Reference Chapter:1.1.25
-
59/245問題
59. 問題
1 分QID1723:Which of the following are identified as separate boards with their own Listing Rules by the Stock Exchange of Hong Kong (SEHK)?
I. The Main Board.
II. The ‘H’ Share Board.
III. The GEM Board.
IV. The Red Chip Board.正確
The Main Board and GEM board have their own Listing Rules.
錯誤
The Main Board and GEM board have their own Listing Rules.
提示
Reference Chapter:1.1.25
-
60/245問題
60. 問題
1 分QID1733:Which one of these are main functions of the SEHK?
I. Listing of securities both on the Main Board and on the
Growth Enterprise MarketII. Receiving notifications and disseminating information about changes in the shareholdings of directors, chief executives and substantial shareholders of listed companies that are disclosable under the SFO.
III. Review the effectiveness of the internal control systems of the companies listed.
IV. Hold regular meetings with key staff of the companies listed at the Exchange.
正確
The SEHK is responsible for the listing of securities both on the Main Board and on the Growth Enterprise Market (“GEM”) and it is also responsible for receiving notifications and disseminating information about changes in the shareholdings of directors, chief executives and substantial shareholders of listed companies that are disclosable under the SFO.
錯誤
The SEHK is responsible for the listing of securities both on the Main Board and on the Growth Enterprise Market (“GEM”) and it is also responsible for receiving notifications and disseminating information about changes in the shareholdings of directors, chief executives and substantial shareholders of listed companies that are disclosable under the SFO.
提示
Reference Chapter:1.1.26
-
61/245問題
61. 問題
1 分QID1725:Which of the following organization is responsible for receiving notifications and disseminating information regarding changes in the shareholdings of directors, chief executives and substantial shareholders of listed companies that are disclose able under the SFO?
正確
SEHK is responsible for receiving notifications and disseminating information regarding changes in the shareholdings of directors, chief executives and substantial shareholders of listed companies that are disclose able under the SFO.
錯誤
SEHK is responsible for receiving notifications and disseminating information regarding changes in the shareholdings of directors, chief executives and substantial shareholders of listed companies that are disclose able under the SFO.
提示
Reference Chapter:1.1.26
-
62/245問題
62. 問題
1 分QID2227:The Registrar of Companies does NOT administer which ONE of the following Ordinances?
正確
The Registrar of Companies administers the following ordinances:
(a) the NCO;
(b) the CWUMPO;
(c) the Limited Partnerships Ordinance;
(d) the Trustee Ordinance;
(e) the Registered Trustees Incorporation Ordinance;
(f) the Money Lenders Ordinance; and
(g) miscellaneous incorporation ordinances.錯誤
The Registrar of Companies administers the following ordinances:
(a) the NCO;
(b) the CWUMPO;
(c) the Limited Partnerships Ordinance;
(d) the Trustee Ordinance;
(e) the Registered Trustees Incorporation Ordinance;
(f) the Money Lenders Ordinance; and
(g) miscellaneous incorporation ordinances.提示
Reference Chapter:1.1.27
-
63/245問題
63. 問題
1 分QID56:The Registrar of Companies﹕
I. Has no direct links with the SFC in regulatory areas
II. Maintains and makes available for public inspection financial and other returns, charges registered by companies
III. Does not manage companies directly
IV. Enforces some aspects of the Companies Ordinance正確
The Registrar of Companies administers and enforces certain aspects of the:
(a) NCO;
(b) Companies (Winding Up and Miscellaneous Provisions) Ordinance
There are no direct links between the SFC and the Companies Registry in regulatory areas, although the two agencies maintain an active liaison on issues of common interest.
The Companies Registry maintains and makes available for public inspection financial and other returns, charges registered by companies and so on.
The Registrar of Companies does not directly regulate companies, limited partnerships, trustees or money lenders; such functions are assumed by different bodies.錯誤
The Registrar of Companies administers and enforces certain aspects of the:
(a) NCO;
(b) Companies (Winding Up and Miscellaneous Provisions) Ordinance
There are no direct links between the SFC and the Companies Registry in regulatory areas, although the two agencies maintain an active liaison on issues of common interest.
The Companies Registry maintains and makes available for public inspection financial and other returns, charges registered by companies and so on.
The Registrar of Companies does not directly regulate companies, limited partnerships, trustees or money lenders; such functions are assumed by different bodies.提示
Reference Chapter:1.1.28
-
64/245問題
64. 問題
1 分QID2228:The Registrar of Companies in Hong Kong is responsible for which of the following?
I. Making available for public inspection the financial and other returns made by companies.
II. Following up on defaults by companies in making the prescribed returns.
III. Administering certain aspects of the Limited Partnerships Ordinance.
IV. Verifying the prospectuses under Section 38D of the Companies Ordinance.正確
The Companies Registry maintains and makes available for public inspection the financial and other returns made by companies, charges registered by companies and so on. It will follow up defaults in making the prescribed returns of entities covered by these ordinances and may strike
companies off the register of companies for failure to make returns or for not carrying on business.錯誤
The Companies Registry maintains and makes available for public inspection the financial and other returns made by companies, charges registered by companies and so on. It will follow up defaults in making the prescribed returns of entities covered by these ordinances and may strike
companies off the register of companies for failure to make returns or for not carrying on business.提示
Reference Chapter:1.1.28
-
65/245問題
65. 問題
1 分QID2229:Which of the following is not an action taken by the Companies Registry?
正確
The Companies Registry maintains and makes available for public inspection the financial and other returns made by companies, charges registered by companies and so on. It will follow up defaults in making the prescribed returns of entities covered by these ordinances and may strike
companies off the register of companies for failure to make returns or for not carrying on business.The Registrar of Companies is responsible for the registration of prospectuses under s. 38D, CWUMPO for companies incorporated in Hong Kong and under s. 342C, CWUMPO for companies incorporated outside Hong Kong.
錯誤
The Companies Registry maintains and makes available for public inspection the financial and other returns made by companies, charges registered by companies and so on. It will follow up defaults in making the prescribed returns of entities covered by these ordinances and may strike
companies off the register of companies for failure to make returns or for not carrying on business.The Registrar of Companies is responsible for the registration of prospectuses under s. 38D, CWUMPO for companies incorporated in Hong Kong and under s. 342C, CWUMPO for companies incorporated outside Hong Kong.
提示
Reference Chapter:1.1.28
-
66/245問題
66. 問題
1 分QID1726:Which ordinances are not administered and enforced by the Registrar of Companies?
正確
The Registrar of Companies administers the following ordinances:
(a) the NCO;
(b) the CWUMPO;
(c) the Limited Partnerships Ordinance;
(d) the Trustee Ordinance;
(e) the Registered Trustees Incorporation Ordinance;
(f) the Money Lenders Ordinance; and
(g) miscellaneous incorporation ordinances.錯誤
The Registrar of Companies administers the following ordinances:
(a) the NCO;
(b) the CWUMPO;
(c) the Limited Partnerships Ordinance;
(d) the Trustee Ordinance;
(e) the Registered Trustees Incorporation Ordinance;
(f) the Money Lenders Ordinance; and
(g) miscellaneous incorporation ordinances.提示
Reference Chapter:1.1.29
-
67/245問題
67. 問題
1 分QID2230:What is the Company Registry role in registering prospectuses?
正確
The Registrar of Companies is responsible for the registration of prospectuses under s. 38D, CWUMPO for companies incorporated in Hong Kong and under s. 342C, CWUMPO for companies incorporated outside Hong Kong.
錯誤
The Registrar of Companies is responsible for the registration of prospectuses under s. 38D, CWUMPO for companies incorporated in Hong Kong and under s. 342C, CWUMPO for companies incorporated outside Hong Kong.
提示
Reference Chapter:1.1.29
-
68/245問題
68. 問題
1 分QID1703:Which of the following code or ordinance lays down the overall parameters which governs corporate finance activities in Hong Kong?
正確
Securities and Futures Ordinance (SFO) ays down the overall parameters which governs corporate finance activities in Hong Kong.
錯誤
Securities and Futures Ordinance (SFO) ays down the overall parameters which governs corporate finance activities in Hong Kong.
提示
Reference Chapter:1.1.3
-
69/245問題
69. 問題
1 分QID1704:Which of the following code or ordinance provides for the licensing and registration of corporate finance advisers?
正確
Securities and Futures Ordinance (SFO) provides for the licensing and registration of corporate finance advisers.
錯誤
Securities and Futures Ordinance (SFO) provides for the licensing and registration of corporate finance advisers.
提示
Reference Chapter:1.1.3
-
70/245問題
70. 問題
1 分QID123:Which of the following descriptions about subsidiary legislations are correct?
I. Subsidiary legislations are enacted by the Chief Executive of Hong Kong after consulting the advice of the Legco
II. Subsidiary legislations are some laws made by a process of delegation from LegCo to other bodies.
III. Subsidiary legislations do not possess the force of law and are not enforceable.
IV. Subsidiary legislations possess the force of law and are enforceable.正確
The laws passed by the Legislative Council of the Hong Kong Special Administrative Region (“LegCo”) are called ordinances. They are enacted by the Chief Executive of the
Hong Kong Special Administrative Region (“HKSAR”) with the advice of LegCo. Some laws are made by a process of delegation from LegCo to other bodies, such delegation usually being done under an ordinance. For example, the Securities and Futures Commission (“SFC”) has extensive powers to make rules under the Securities and Futures Ordinance (“SFO”). This process is, in the case of the SFC, generally required to be completed by a process of tabling in LegCo, which gives LegCo an opportunity to review the subsidiary legislation before it becomes law.錯誤
The laws passed by the Legislative Council of the Hong Kong Special Administrative Region (“LegCo”) are called ordinances. They are enacted by the Chief Executive of the
Hong Kong Special Administrative Region (“HKSAR”) with the advice of LegCo. Some laws are made by a process of delegation from LegCo to other bodies, such delegation usually being done under an ordinance. For example, the Securities and Futures Commission (“SFC”) has extensive powers to make rules under the Securities and Futures Ordinance (“SFO”). This process is, in the case of the SFC, generally required to be completed by a process of tabling in LegCo, which gives LegCo an opportunity to review the subsidiary legislation before it becomes law.提示
Reference Chapter:1.1.30
-
71/245問題
71. 問題
1 分QID2231:Which of the following correctly describe the status of codes, rules, regulation and legislations?
I. The legislation (SFO, Companies Ordinance, etc.) lays down the basic framework in which markets should operate
II. Regulations, and especially codes, are best equipped to regulate the market on a day-to-day basis.
III. Legislation has an advantage over regulations since they are amended to take into account changing circumstances compared to amendments to regulations, which can take years.
IV. Regulations has an advantage over legislations since they are amended to take into account changing circumstances compared to amendments to legislation, which can take years.正確
Legislation has the force of law and can be enforced through the courts, this gives some flexibility to enable the legal framework to adjust in a timely manner as markets, practices and products evolve.
錯誤
Legislation has the force of law and can be enforced through the courts, this gives some flexibility to enable the legal framework to adjust in a timely manner as markets, practices and products evolve.
提示
Reference Chapter:1.1.30
-
72/245問題
72. 問題
1 分QID2315:The court cannot enforce which of the following codes and ordinance?
I. CFA Code
II. The “Takeover Code” and “Share Buy-back Code” (Two Codes)
III. Listing Rules
IV. Subsidiary legislations of the SFO正確
《上市規則》等不是法律,並無法律效力。換言之,聯交所不能透過香港法院強制執行其規則。
錯誤
《上市規則》等不是法律,並無法律效力。換言之,聯交所不能透過香港法院強制執行其規則。
提示
Reference Chapter:1.1.31
-
73/245問題
73. 問題
1 分QID189:According to the SFO, an intermediary could mean
I. A Registered Institution
II. A Licensed Corporation
III. A Trust Company
IV. An Authorised Financial Institution正確
Only corporations may become intermediaries. A corporation that obtains a licence will be regarded as a “licensed corporation” unless it is an AFI, in which case it will be regarded as a “registered institution”. Together they are referred to as “intermediaries”. The distinction between the licensing of corporations and the registration of AFIs is reviewed in further detail in section 1 of Topic 4.
錯誤
Only corporations may become intermediaries. A corporation that obtains a licence will be regarded as a “licensed corporation” unless it is an AFI, in which case it will be regarded as a “registered institution”. Together they are referred to as “intermediaries”. The distinction between the licensing of corporations and the registration of AFIs is reviewed in further detail in section 1 of Topic 4.
提示
Reference Chapter:1.1.31
-
74/245問題
74. 問題
1 分QID2805:Which of the following is the responsibility of the Companies Registry?
I. Keep and make available companies’ returns for public inspection
II. Strike off companies that fail to file returns or do not carry on business
III. Directly supervise companies
IV. Recover returns from companies that fail to file on time正確
The Companies Registry is responsible
I. Keep and make the company’s returns for public inspection
II. Strike off companies for failure to file returns or not carry on business
III. Recover returns from companies that fail to file on timeThe Companies Registry does not directly regulate companies.
錯誤
The Companies Registry is responsible
I. Keep and make the company’s returns for public inspection
II. Strike off companies for failure to file returns or not carry on business
III. Recover returns from companies that fail to file on timeThe Companies Registry does not directly regulate companies.
提示
Reference Chapter:1.1.31
-
75/245問題
75. 問題
1 分QID2233:Which of the following have the force of law?
I. Codes
II. Rules
III. Ordinance
IV. Guidelines正確
Codes and guidelines do not have the force of law.
錯誤
Codes and guidelines do not have the force of law.
提示
Reference Chapter:1.1.31
-
76/245問題
76. 問題
1 分QID80:What are the legal status of the Codes and Guidelines set by the
SFC?
I. They posses the force of law and is enforceable.
II. They do not posses the force of law and is not enforceable.
III. Breach of these codes and guidelines may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.
IV. Breach of these codes and guidelines are violations of the Securities and futures ordinance and can lead to imprisonment.正確
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(d) Codes and guidelines do not have the force of law and are not legally enforceable. However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.錯誤
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(d) Codes and guidelines do not have the force of law and are not legally enforceable. However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.提示
Reference Chapter:1.1.31
-
77/245問題
77. 問題
1 分QID81:What kind of sanctions can the SFC impose on individuals who violate or breach the code and guidelines of the SFC?
I. Reprimand
II. Imprisonment
III. Suspension of licence
IV. Revocation of licence正確
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(d) Codes and guidelines do not have the force of law and are not legally enforceable. However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.
€ The SFC has the power to reprimand (privately or publicly), to fine and to suspend or revoke a licence or registration in relation to all or any part of the regulated activities specified on the licence or certificate of registration.錯誤
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(d) Codes and guidelines do not have the force of law and are not legally enforceable. However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.
€ The SFC has the power to reprimand (privately or publicly), to fine and to suspend or revoke a licence or registration in relation to all or any part of the regulated activities specified on the licence or certificate of registration.提示
Reference Chapter:1.1.31
-
78/245問題
78. 問題
1 分QID83:Which of the following correctly describes the status of SFC’s code of conducts and guidelines?
正確
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(d) Codes and guidelines do not have the force of law and are not legally enforceable.
However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.錯誤
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(d) Codes and guidelines do not have the force of law and are not legally enforceable.
However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.提示
Reference Chapter:1.1.31
-
79/245問題
79. 問題
1 分QID85:What is the legal status of codes and guidelines issued by the SFC?
I. Codes of conduct are subsidiary legislation and have the force of law.
II. Guidelines are subsidiary legislation and have the force of law.
III. Codes of conduct do not have the force of law, a breach does not by itself render a person liable to any judicial or other proceedings.
IV. Guidelines do not have the force of law, a breach does not by itself render a person liable to any judicial or other proceedings.正確
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines: (d) Codes and guidelines do not have the force of law and are not legally enforceable.
However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.錯誤
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines: (d) Codes and guidelines do not have the force of law and are not legally enforceable.
However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.提示
Reference Chapter:1.1.31
-
80/245問題
80. 問題
1 分QID86:Which of the following correctly describes the legal status of the Securities and Futures Commission’s codes and guidelines?
正確
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines: (d) Codes and guidelines do not have the force of law and are not legally enforceable.
However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.錯誤
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines: (d) Codes and guidelines do not have the force of law and are not legally enforceable.
However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.提示
Reference Chapter:1.1.31
-
81/245問題
81. 問題
1 分QID87:Under the provisions of the Securities and Futures Ordinance (SFO), which of the following statements relating to rules and codes of conduct are correct?
I. Failure by a licensed person to comply with a material provision of a code of conduct will of itself make the person liable to judicial proceedings.
II. A code of conduct violation shall be admissible as evidence in court proceedings.
III. The Securities and Futures Commission (SFC) is empowered under the SFO to make rules or codes of conduct.
IV. A breach of a provision in a code of conduct by a licensed person may cast doubts on his fitness and properness to hold the licence.正確
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(c) Persons prejudiced by the perpetration of market misconduct may take civil action against the wrongdoer through the courts to obtain redress. The SFO has provisions for the findings of the Market Misconduct Tribunal to be admissible in evidence in private civil actions.
(d) Codes and guidelines do not have the force of law and are not legally enforceable. However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.錯誤
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(c) Persons prejudiced by the perpetration of market misconduct may take civil action against the wrongdoer through the courts to obtain redress. The SFO has provisions for the findings of the Market Misconduct Tribunal to be admissible in evidence in private civil actions.
(d) Codes and guidelines do not have the force of law and are not legally enforceable. However, the SFC is able to penalise licensed or registered persons breaching the codes and guidelines by applying the blanket principle that a breach of these may impugn the licensed or registered person’s fitness and properness to remain licensed or registered.提示
Reference Chapter:1.1.31
-
82/245問題
82. 問題
1 分QID82:Which of the following correctly describe the power of the SFC?
I. Breaches of the subsidiary legislations of the SFO are not criminal offences
II. Breaches of the subsidiary legislations of the SFO are criminal offences
III. The SFC may refer serious cases to law enforcement agencies such as the Commercial Crimes Bureau (“CCB”) of the Hong Kong Police Force or the Independent Commission Against Corruption (“ICAC”) for investigation and action.
IV. The SFC may also apply to the courts for an injunction to restrain a person from dealing with his assets, or from carrying on all or a part of his business, if the SFC can make a case to show that it is in the public interest to issue such an order.正確
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(a) Breaches of the SFO and subsidiary legislation are legal offences and will be investigated by the SFC and enforcement action taken; the SFC may refer serious cases to law enforcement agencies such as the Commercial Crimes Bureau (“CCB”) of the Hong Kong Police Force or the Independent Commission Against Corruption (“ICAC”) for investigation and action.
(b) The SFC may also apply to the courts for an injunction to restrain a person from dealing with his assets, or from carrying on all or a part of his business, if it can make a case to show that it is in the public interest to issue such an order.錯誤
The SFC may enquire into or investigate suspected breaches of the SFO and any subsidiary legislation, codes and guidelines:
(a) Breaches of the SFO and subsidiary legislation are legal offences and will be investigated by the SFC and enforcement action taken; the SFC may refer serious cases to law enforcement agencies such as the Commercial Crimes Bureau (“CCB”) of the Hong Kong Police Force or the Independent Commission Against Corruption (“ICAC”) for investigation and action.
(b) The SFC may also apply to the courts for an injunction to restrain a person from dealing with his assets, or from carrying on all or a part of his business, if it can make a case to show that it is in the public interest to issue such an order.提示
Reference Chapter:1.1.31
-
83/245問題
83. 問題
1 分QID204:How does the court take into account the codes and guidelines issued by the SFC?
正確
A failure on the part of an intermediary or its representative to comply with a code of conduct is not a breach of law and does not by itself constitute an offence under the law.
However, it should be noted that breaches of codes of conduct may be taken into account in two important respects:
(b) a court hearing legal proceedings under the SFO shall consider the provisions of the codes if the court considers it relevant to the determination of any question arising in
the proceedings. This gives the codes a degree of legal recognition.錯誤
A failure on the part of an intermediary or its representative to comply with a code of conduct is not a breach of law and does not by itself constitute an offence under the law.
However, it should be noted that breaches of codes of conduct may be taken into account in two important respects:
(b) a court hearing legal proceedings under the SFO shall consider the provisions of the codes if the court considers it relevant to the determination of any question arising in
the proceedings. This gives the codes a degree of legal recognition.提示
Reference Chapter:1.1.31
-
84/245問題
84. 問題
1 分QID2232:The SFC under the authority of the SFO can make
I. Rules
II. Codes
III. Guidelines
IV. Ordinance正確
The SFO empowers the SFC to issue codes and guidelines relating to various matters including, for example, the business conduct of intermediaries and the furtherance of the SFC’s regulatory objectives.
錯誤
The SFO empowers the SFC to issue codes and guidelines relating to various matters including, for example, the business conduct of intermediaries and the furtherance of the SFC’s regulatory objectives.
提示
Reference Chapter:1.1.31
-
85/245問題
85. 問題
1 分QID2234:Which of the following do not have the force of law?
I. Listing Rules
II. Gem Listing Rules
III. Ordinance
IV. Guidelines正確
The Listing Rules are not laws, and so do not have the force of law. This means that the SEHK cannot enforce a breach of its rules through the courts of Hong Kong. The Listing Rules instead operate on a contractual basis between the SEHK and an issuer and its related parties. Nevertheless, the Listing Rules do enjoy a measure of statutory backing by virtue of the SMLR. The SMLR is subsidiary legislation that establishes the dual filing regime and requires an applicant for listing to comply with the Listing Rules while at the same time providing the SFC with some oversight powers.
錯誤
The Listing Rules are not laws, and so do not have the force of law. This means that the SEHK cannot enforce a breach of its rules through the courts of Hong Kong. The Listing Rules instead operate on a contractual basis between the SEHK and an issuer and its related parties. Nevertheless, the Listing Rules do enjoy a measure of statutory backing by virtue of the SMLR. The SMLR is subsidiary legislation that establishes the dual filing regime and requires an applicant for listing to comply with the Listing Rules while at the same time providing the SFC with some oversight powers.
提示
Reference Chapter:1.1.32
-
86/245問題
86. 問題
1 分QID1728:Which one of these are regulatory objectives of the SFC?
I. Evaluate market performance regularly
II. Provide protection to the investing public
III. Set remuneration of Directors and Senior Management of big companies
IV. Reduce systemic risks in the industry
正確
These are 2 of the objectives of the SFC in relation to the securities and futures industry, as stated in s. 4 of the SFO.
錯誤
These are 2 of the objectives of the SFC in relation to the securities and futures industry, as stated in s. 4 of the SFO.
提示
Reference Chapter:1.1.4
-
87/245問題
87. 問題
1 分QID1:The existence of the financial markets in Hong Kong can satisfy which of the following demands?
I. Meet demands for investment, capitalization and risk management.
II. Meet demands for employment
III. Provide an avenue for price discovery
IV. Provide liquidity for investments正確
The demands for employment is not a function satisfied by financial market alone, thus is not a primary reason for the existence of the financial markets in Hong Kong.
錯誤
The demands for employment is not a function satisfied by financial market alone, thus is not a primary reason for the existence of the financial markets in Hong Kong.
提示
Reference Chapter:1.1.4
-
88/245問題
88. 問題
1 分QID2803:The objectives of the SFO are to provide a regulatory framework with which of the following characteristics?
I. Promotes a fair, orderly and transparent market.
II. Is flexible enough to cope with new products and other innovations, and further advances in technological infrastructure.
III. Is administered by a regulator with sufficient powers and discretion whose operations are transparent and directly under the government.
IV. Is a system that can satisfy PRC mainland legal standards, being compatible with PRC mainland laws and practices and meet local needs.正確
The objectives of the SFO are to provide a regulatory framework which:
(a) promotes a fair, orderly and transparent market;
(b) is flexible enough to cope with new products and other innovations, and further advances in technological infrastructure;
(c) is administered by a regulator with sufficient powers and discretion whose operations are transparent and who is accountable to the stakeholders through a system of adequate
checks and balances.錯誤
The objectives of the SFO are to provide a regulatory framework which:
(a) promotes a fair, orderly and transparent market;
(b) is flexible enough to cope with new products and other innovations, and further advances in technological infrastructure;
(c) is administered by a regulator with sufficient powers and discretion whose operations are transparent and who is accountable to the stakeholders through a system of adequate
checks and balances.提示
Reference Chapter:1.1.4
-
89/245問題
89. 問題
1 分QID6:Which of the following is a primary objective of Hong Kong financial regulators?
正確
Encouraging the development of new products, operating profitable exchanges in Hong Kong and reducing trading hours are all actions. They are action verbs but not objective description. Objectives can only be objective description, therefore, these phrases can never be objectives and primary objective of Hong Kong financial regulators. Objectives are status that financial regulators hope for, enhancing confidence is an objective description that financial regulators hope for.
錯誤
Encouraging the development of new products, operating profitable exchanges in Hong Kong and reducing trading hours are all actions. They are action verbs but not objective description. Objectives can only be objective description, therefore, these phrases can never be objectives and primary objective of Hong Kong financial regulators. Objectives are status that financial regulators hope for, enhancing confidence is an objective description that financial regulators hope for.
提示
Reference Chapter:1.1.4
-
90/245問題
90. 問題
1 分QID1707:Which of the following are regulatory objectives of the SFC?
I. To maintain and promote the fairness, efficiency, competitiveness, transparency and orderliness of the securities industry
II. To provide protection for majority shareholder
III. To minimize crime and misconduct in the securities industry
IV. To reduce systemic risks in the securities industry正確
The regulatory objectives of the SFC is to provide protection to the investing public rather than to the majority shareholder.
錯誤
The regulatory objectives of the SFC is to provide protection to the investing public rather than to the majority shareholder.
提示
Reference Chapter:1.1.4
-
91/245問題
91. 問題
1 分QID2726:Which of the following is not the primary objective of the SFC in exercising its enforcement powers?
正確
The SFC’s main objectives in exercising its enforcement powers:
I. Protection of investors
II. Maintenance of Market Integrity and Confidence
III. Holding offenders accountable for their actions錯誤
The SFC’s main objectives in exercising its enforcement powers:
I. Protection of investors
II. Maintenance of Market Integrity and Confidence
III. Holding offenders accountable for their actions提示
Reference Chapter:1.1.4
-
92/245問題
92. 問題
1 分QID2676:Whats the objective of SFC requiring the disclosure of rights?
正確
Disclosure requiremetns are in place to enhance transperancy
錯誤
Disclosure requiremetns are in place to enhance transperancy
提示
Reference Chapter:1.1.4
-
93/245問題
93. 問題
1 分QID171:The objectives of the SFO are to provide a regulatory framework with which of the following characteristics?
I. Promotes a fair, orderly and transparent market.
II. Is flexible enough to cope with new products and other innovations, and further advances in technological infrastructure.
III. Is administered by a regulator with sufficient powers and discretion whose operations are transparent and who is accountable to the stakeholders through a system of adequate checks and balance.
IV. Is a system that can satisfy PRC mainland legal standards, being compatible with PRC mainland laws and practices and meet local needs.正確
The objectives of the SFO are to provide a regulatory framework which:
(a) promotes a fair, orderly and transparent market;
(b) is flexible enough to cope with new products and other innovations, and further advances in technological infrastructure;
(c) is administered by a regulator with sufficient powers and discretion whose operations are transparent and who is accountable to the stakeholders through a system of adequate
checks and balances.錯誤
The objectives of the SFO are to provide a regulatory framework which:
(a) promotes a fair, orderly and transparent market;
(b) is flexible enough to cope with new products and other innovations, and further advances in technological infrastructure;
(c) is administered by a regulator with sufficient powers and discretion whose operations are transparent and who is accountable to the stakeholders through a system of adequate
checks and balances.提示
Reference Chapter:1.1.4
-
94/245問題
94. 問題
1 分QID172:Which of the following is an accurate description of Hong Kong’s financial regulatory structure?
正確
The broad points stated by the Securities Review Committee under Ian Hay Davison were
the need for:
(e) checks and balances on the system, with the exchanges being supervised by a
commission independent of the Government, with the Government only to intervene if
and when the Commission failed to regulate properly錯誤
The broad points stated by the Securities Review Committee under Ian Hay Davison were
the need for:
(e) checks and balances on the system, with the exchanges being supervised by a
commission independent of the Government, with the Government only to intervene if
and when the Commission failed to regulate properly提示
Reference Chapter:1.1.4
-
95/245問題
95. 問題
1 分QID58:Which of the following is a regulatory objective of the SFC?
I. Provide protection to the investing public
II. Reduce non-systematic risk in the industry
III. Assist the Financial Secretary in maintaining the financial stability of Hong Kong by taking appropriate steps in relation to the industry.
IV. Assist the HKMA in maintaining the stability of currency in
Hong Kong正確
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(c) provide protection to the investing public;
(f) assist the Financial Secretary in maintaining the financial stability of Hong Kong by taking appropriate steps in relation to the industry.錯誤
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(c) provide protection to the investing public;
(f) assist the Financial Secretary in maintaining the financial stability of Hong Kong by taking appropriate steps in relation to the industry.提示
Reference Chapter:1.1.4
-
96/245問題
96. 問題
1 分QID61:Which of the following is a regulatory objective of the SFC?
正確
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(d) minimise crime and misconduct in the market.錯誤
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(d) minimise crime and misconduct in the market.提示
Reference Chapter:1.1.4
-
97/245問題
97. 問題
1 分QID60:The regulator objectives of the SFC includes:
I. Consumer rights protection
II. Minimize crime and misconduct within the securities and futures industry.
III. Promote public’s understanding of the securities and futures industry.
IV. Provide advice on the enforcement of economic policies to the government正確
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(b) promote public’s understanding of the industry including its operation and functioning;
(d) minimise crime and misconduct in the market.錯誤
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(b) promote public’s understanding of the industry including its operation and functioning;
(d) minimise crime and misconduct in the market.提示
Reference Chapter:1.1.4
-
98/245問題
98. 問題
1 分QID59:Under the SFO, which of the following are objectives of the SFO
I. Promote understanding by the public of financial services including the operation and functioning of the industry.
II. Ensure the regulatory standards are identical to international standards.
III. Check and approve new financial products.
IV. Minimize crime and misconduct within the industry.正確
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(b) promote public’s understanding of the industry including its operation and functioning;
(d) minimise crime and misconduct in the market錯誤
The objectives of the SFC in relation to the securities and futures industry, as stated in s. 4, SFO, are to:
(b) promote public’s understanding of the industry including its operation and functioning;
(d) minimise crime and misconduct in the market提示
Reference Chapter:1.1.4
-
99/245問題
99. 問題
1 分QID2832:Which of the following is not a financial regulator in Hong Kong?
正確
The Securities Commission option is wrong, the correct name is Securities and Futures Commission.
錯誤
The Securities Commission option is wrong, the correct name is Securities and Futures Commission.
提示
Reference Chapter:1.1.5
-
100/245問題
100. 問題
1 分QID1708:Which of the following statements about the Securities and Futures Ordinance (SFO) are correct?
I. The SFO lays down the overall licensing parameters which govern Corporate Finance activity.
II. The SFO provides for insider dealing to be dealt with under both civil or criminal routes.
III. The SFO provides detailed requirements for the management of takeovers and mergers.
IV. The SFO provides the basis for the recognition of Exchange Companies.正確
<
> issued by the Securities and Futures Commission(SFC) provides detailed requirements for the management of takeovers and mergers. 錯誤
<
> issued by the Securities and Futures Commission(SFC) provides detailed requirements for the management of takeovers and mergers. 提示
Reference Chapter:1.1.5
-
101/245問題
101. 問題
1 分QID63:Which of the following are functions and duties of the SFC?
I. Supervise the securities and futures markets in Hong Kong
II. Regulate the securities and futures industries
III. Provide professional assistance to the government
IV. Supervise all settlement banks in Hong Kong正確
The functions and powers of the SFC are wide and are set out in s. 5, SFO. The principal functions are to:
(b) supervise, monitor and regulate the activities of:
(i) recognised exchange, clearing houses, exchange controllers and investor compensation companies or persons carrying on regulated activities; and
(ii) registered institutions that are regulated or to be regulated by the SFC under any relevant provisions.錯誤
The functions and powers of the SFC are wide and are set out in s. 5, SFO. The principal functions are to:
(b) supervise, monitor and regulate the activities of:
(i) recognised exchange, clearing houses, exchange controllers and investor compensation companies or persons carrying on regulated activities; and
(ii) registered institutions that are regulated or to be regulated by the SFC under any relevant provisions.提示
Reference Chapter:1.1.5
-
102/245問題
102. 問題
1 分QID62:The major functions of the SFC include﹕
I. Supervise all of the activities conducted by Registered Institution
II. Promote, encourage and enforce the proper conduct, competence and integrity of persons carrying on regulated activities
III. Promote, encourage and enforce internal control and risk management systems by persons carrying on regulated activities, including registered institutions in the case of any regulated activities they conduct.
IV. Maintain market liquidity in the securities and futures markets.正確
The functions and powers of the SFC are wide and are set out in s. 5, SFO. The principal functions are to:
(c) promote, encourage and enforce the proper conduct, competence and integrity of persons carrying on regulated activities;
(g) promote, encourage and enforce internal control and risk management systems by persons carrying on regulated activities, including registered institutions in the case of any regulated activities they conduct.錯誤
The functions and powers of the SFC are wide and are set out in s. 5, SFO. The principal functions are to:
(c) promote, encourage and enforce the proper conduct, competence and integrity of persons carrying on regulated activities;
(g) promote, encourage and enforce internal control and risk management systems by persons carrying on regulated activities, including registered institutions in the case of any regulated activities they conduct.提示
Reference Chapter:1.1.5
-
103/245問題
103. 問題
1 分QID104:Which of the following entity is responsible for monitoring the exchanges and clearing houses in Hong Kong?
正確
The SFC supervises and monitors the activities of HKEX, the exchange companies and the clearing houses, approves their rules and amendments to the rules, approves the fees they charge, and administers and enforces the applicable legislation. It also carries out regular reviews of these activities.
錯誤
The SFC supervises and monitors the activities of HKEX, the exchange companies and the clearing houses, approves their rules and amendments to the rules, approves the fees they charge, and administers and enforces the applicable legislation. It also carries out regular reviews of these activities.
提示
Reference Chapter:1.1.5
-
104/245問題
104. 問題
1 分QID1709:What is the role of the Hong Kong Government with regards to Hong Kong’s development as a financial centre?
正確
The role of the Hong Kong Government with regards to Hong Kong’s development as a financial centre is to coordinate and encourage various bodies to keep an eye particularly on the elements which affect systemic risk.
錯誤
The role of the Hong Kong Government with regards to Hong Kong’s development as a financial centre is to coordinate and encourage various bodies to keep an eye particularly on the elements which affect systemic risk.
提示
Reference Chapter:1.1.5
-
105/245問題
105. 問題
1 分QID57:The SFC﹕
I. Reports to the government
II. Was formed under the Securities and Futures Ordinance
III. Is not responsible for licensing of intermediaries
IV. Is a part of the government正確
The SFC was created by law under the Securities and Futures Commission Ordinance (now repealed and subsumed in the SFO). It is independent, meaning that it is not part of the
Government machinery of the Civil Service or the ministerial system. Nevertheless, it reports to and is accountable to the Government as described in section 2 above.錯誤
The SFC was created by law under the Securities and Futures Commission Ordinance (now repealed and subsumed in the SFO). It is independent, meaning that it is not part of the
Government machinery of the Civil Service or the ministerial system. Nevertheless, it reports to and is accountable to the Government as described in section 2 above.提示
Reference Chapter:1.1.5
-
106/245問題
106. 問題
1 分QID2322:Which of the following correctly states the relationship between the government and the SFC?
正確
Under the Basic Law of Hong Kong Special Administrative Region of the People’s Republic of China (“Basic Law”) (see Note below), the Hong Kong Government is to provide an appropriate economic and legal environment for Hong Kong as an international financial centre, and to regulate and supervise the free operation of its financial markets. Under the SFO, the SFC is the regulator of market intermediaries and their conduct and the supervisor of the recognised exchanges and recognised clearing houses in all aspects of their operation, in each case with specified powers of enforcement.
錯誤
Under the Basic Law of Hong Kong Special Administrative Region of the People’s Republic of China (“Basic Law”) (see Note below), the Hong Kong Government is to provide an appropriate economic and legal environment for Hong Kong as an international financial centre, and to regulate and supervise the free operation of its financial markets. Under the SFO, the SFC is the regulator of market intermediaries and their conduct and the supervisor of the recognised exchanges and recognised clearing houses in all aspects of their operation, in each case with specified powers of enforcement.
提示
Reference Chapter:1.1.5
-
107/245問題
107. 問題
1 分QID2721:The main functions of the SFC include:
I. Empowering self-regulatory bodies and professional bodies to form committees
II. Regulating and monitoring intermediaries who engage in regulated activities
III. Supervising and monitoring exchanges, clearing houses and exchange controllers
IV. Promoting investor education and encouraging investors to understand investment products and make informed decisions
正確
Authorizing self-regulatory bodies and professional bodies to set up committees is not the main function of the SFC.
錯誤
Authorizing self-regulatory bodies and professional bodies to set up committees is not the main function of the SFC.
提示
Reference Chapter:1.1.7
-
108/245問題
108. 問題
1 分QID2350:What’s the features of the regulation system of securities and futures in Hong Kong?
正確
The regulation system of securities and futures in Hong Kong is flexible and compatible with the development of the financial market. Although the regulation system of securities and futures in Hong Kong has lots of businesses with China, it’s mainly globally connected. There is high market transparency in Hong Kong. However, there is no relatively low risks. The frontline supervisors of the securities industry in Hong Kong include SFC and Hong Kong Monetary Authority.
錯誤
The regulation system of securities and futures in Hong Kong is flexible and compatible with the development of the financial market. Although the regulation system of securities and futures in Hong Kong has lots of businesses with China, it’s mainly globally connected. There is high market transparency in Hong Kong. However, there is no relatively low risks. The frontline supervisors of the securities industry in Hong Kong include SFC and Hong Kong Monetary Authority.
提示
Reference Chapter:1.1.7
-
109/245問題
109. 問題
1 分QID1710:Which of the following is the actual operator of the equity and derivate exchanges and clearing house?
正確
The HKEX is the operator of the securities and futures exchanges and the related clearing houses. It has a primary responsibility for developing and maintaining the efficiency, integrity and transparency of the market, in relation to both its financial soundness and the provision of a platform for the listing of suitable companies.
錯誤
The HKEX is the operator of the securities and futures exchanges and the related clearing houses. It has a primary responsibility for developing and maintaining the efficiency, integrity and transparency of the market, in relation to both its financial soundness and the provision of a platform for the listing of suitable companies.
提示
Reference Chapter:1.1.7
-
110/245問題
110. 問題
1 分QID2816:Which of the following is not a function of the SFC?
正確
Enforcement of the Listing Rules is the job of the SEHK.
錯誤
Enforcement of the Listing Rules is the job of the SEHK.
提示
Reference Chapter:1.1.7
-
111/245問題
111. 問題
1 分QID1711:Which of the following division of the SFC is responsible for regulating corporate finance activities?
正確
The SFC has a Corporate Finance Division, which is the major division regulating corporate finance activities.
錯誤
The SFC has a Corporate Finance Division, which is the major division regulating corporate finance activities.
提示
Reference Chapter:1.1.8
-
112/245問題
112. 問題
1 分QID2235:Which of the following were included in the appendix of the listing rules?
正確
MBLR Appendix 14 contains the Corporate Governance Code and Corporate Governance Report.
錯誤
MBLR Appendix 14 contains the Corporate Governance Code and Corporate Governance Report.
提示
Reference Chapter:1.2.1
-
113/245問題
113. 問題
1 分QID2237:The Code on Corporate Governance Practices sets out the
正確
The Listing Rules also contain important appendices that set out the SEHK’s views on the principles and implementation of good corporate governance, the “Corporate Governance Code and Corporate Governance Report” (MBLR Appendix 14; GLR Appendix 15).
錯誤
The Listing Rules also contain important appendices that set out the SEHK’s views on the principles and implementation of good corporate governance, the “Corporate Governance Code and Corporate Governance Report” (MBLR Appendix 14; GLR Appendix 15).
提示
Reference Chapter:1.2.1
-
114/245問題
114. 問題
1 分QID2290:If an issuer would like to appeal the ruling of the Listing Committee and GEM listing committee, which of the following entities should the issuer contact?
I. Listing Appeal Tribunal
II. GEM Listing Appeals Committee
III. GEM Listing Tribunal
IV. Listing Appeals Committee正確
The Listing Appeals Committee will consider appeals against the decisions of the Listing Committee (or GEM Listing Committee) in some certain matters.
錯誤
The Listing Appeals Committee will consider appeals against the decisions of the Listing Committee (or GEM Listing Committee) in some certain matters.
提示
Reference Chapter:1.2.11
-
115/245問題
115. 問題
1 分QID1734:The Corporate Governance Code is issued by?
正確
The Corporate Governance Code is issued by the Stock Exchange of Hong Kong and represents the SEHK comments on good corporate governance.
錯誤
The Corporate Governance Code is issued by the Stock Exchange of Hong Kong and represents the SEHK comments on good corporate governance.
提示
Reference Chapter:1.2.2
-
116/245問題
116. 問題
1 分QID1735:How many sections does the Corporate Governance Code has?
正確
The Corporate Governance Code sets out the SEHK’s views on the principles of good corporate governance in six sections covering:
I. Directors
II. Remuneration of directors and senior management and board evaluation
III. Accountability and audit
IV. Delegation by the board
V. Communication with shareholders
VI. Company secretary錯誤
The Corporate Governance Code sets out the SEHK’s views on the principles of good corporate governance in six sections covering:
I. Directors
II. Remuneration of directors and senior management and board evaluation
III. Accountability and audit
IV. Delegation by the board
V. Communication with shareholders
VI. Company secretary提示
Reference Chapter:1.2.2
-
117/245問題
117. 問題
1 分QID2242:Which of the following is not included in 5 main sections in the ‘Code on Corporate Governance Practices’ in the Listing Rules?
正確
The Corporate Governance Code sets out the SEHK’s views on the principles of good corporate governance in six sections, covering:
(a) directors;
(b) remuneration of directors and senior management and board evaluation;
(c) accountability and audit;
(d) delegation by the board;
(e) communication with shareholders; and
(f) company secretary.錯誤
The Corporate Governance Code sets out the SEHK’s views on the principles of good corporate governance in six sections, covering:
(a) directors;
(b) remuneration of directors and senior management and board evaluation;
(c) accountability and audit;
(d) delegation by the board;
(e) communication with shareholders; and
(f) company secretary.提示
Reference Chapter:1.2.2
-
118/245問題
118. 問題
1 分QID2243:Which of the following is included in 5 main sections in the ‘Code on Corporate Governance Practices’ in the Listing Rules?
I. Account