Exam questions 2011 @ UCL

These were the exam questions at UCL:

1) Increasing the capital is the only solution to protect the policyholder.
2) Give 3 things to improve BaselII after crisis?
3) What are major risks in banks?
4) Liquidity risk is part of the SCR.
5) Auditors are responsible for the appropriateness of the SCR.
6) With BaselII, the capital for the trading book is less than for the banking book.
7) Internal model must be approved by the actuary.
8 ) All credit rating agencies must be registered at the Commission.
9) All institutions must have their financial statements in IAS/IFRS.
10) The parent must only calculate its own SCR and MCR.

Thanks to Jofroi!