CAS Exam 6C Spring 2016, Question 4
Study guide: Exam 6C
Part a (0.25 points)
Briefly describe the main responsibility of a Relationship Manager designated by OSFI for a federally regulated financial institution.
Part b (0.75 points)
Briefly describe three key principles followed by OSFI in its risk assessment of federally regulated financial institutions.
Part c (1 point)
Identify the two levels of control at which OSFI assesses the quality of risk management of a federally regulated financial institution and briefly describe the primary responsibilities of each level of control.
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