Test your knowledge: Back office – Expert level

Test your knowledge about operations, as well as ICT processes, finance & control, accounting and legal aspects
Knowledge related to Operations, Business Control & Finance is not just relevant for Back Office staff, but also for IT specialists, legal experts, compliance officers, controllers and accountants.
At this expert level your knowledge is tested in the sense of interpretation. After all, as expert you should be able to develop business.

Usually the coupon frequency of interest rate swaps is:

IAS is:

The overnight index for pound sterling (GBP) is:

Overnight index swaps (interest) in GBP are settled at maturity:

In case of a fixed-for-floating swap the so called 'payer':

The regulatory package EMIR relates to:

The overnight interest rate set by the Wholesale Markets Brokers Association is:

What is the challenge with most physical supply contracts which are hedged with cash settled swaps?

Overnight index swaps (interest) in GBP are settled at maturity:

Derivatives should be accounted against fair value due to: