In an intra-group financial support agreement, which of the following is explicitly allowed to be taken into account when setting the consideration for the support?
Explanation
This question tests a specific, and perhaps counter-intuitive, detail about what can be factored into the pricing of intra-group financial support.
Other questions
According to Chapter 11, which law provides the framework for the recovery of Cypriot investment firms (CIFs) and other entities under the supervision of CySEC?
A CIF's recovery plan must include a detailed description of the integration of recovery planning in which of its structures?
What assumption MUST a recovery plan avoid making, according to the law?
Under what condition is an intra-group financial support agreement approved by CySEC?
A CIF's operations are considered to represent a significant share of the financial system if its total assets exceed what value?
What is the maximum initial appointment period for a temporary administrator appointed by CySEC?
Which of the following is NOT one of the five resolution tools available to the Central Bank of Cyprus under Law 22(I)/2016?
If a CIF is failing or likely to fail, who must CySEC inform?
A temporary administrator is appointed by which authority?
What is the primary purpose of a 'resolution college' in the context of cross-border group resolution?
In the event of a sale of business resolution, what is CySEC's responsibility regarding the acquirer?
A special administrator must submit a full report to the resolution authority within how many days of their appointment?
A CIF is also considered to have a significant share of the financial system if its total assets in relation to GDP exceed 20 percent, provided its total assets are above what amount?
How often must a CIF's recovery plan be reviewed?
What is the asset separation tool also referred to as?
In a cross-border resolution context, CySEC may enter into a memorandum of cooperation with the relevant authorities of a third country where a Union subsidiary is established. This applies when the Union subsidiaries are established in how many member states?
One of the powers of a special administrator is to revise or abolish which of the following?
When using the 'transfer of assets' resolution tool, CySEC may grant permission for a bridge institution to be established without complying with the Investment Services and Activities Law for what duration?
Information originated in another member state will be disclosed by CySEC to a third-country authority only if what condition is met?
Which of the following items is a mandatory component of a CIF's recovery plan?
What is the key difference in who appoints a special administrator versus a temporary administrator?
The resolution tool 'write down or conversion' primarily applies to what?
Which of the following is NOT a condition that an intra-group financial support agreement must comply with?
In the case of an initial offer to the public of a class of shares admitted to trading for the first time, how long before the end of the offer must the prospectus be made available?
A group recovery plan is required for union parent undertakings and needs to include arrangements to ensure what?
If CySEC requires a CIF to undertake early intervention measures due to a rapidly deteriorating financial condition, what is an example of a trigger mentioned in the text?
What is one of the tasks CySEC performs in its capacity as a consolidating supervisor within a resolution college?
During normal insolvency proceedings of a CIF, which law's provisions are applied for the verification and classification of claims?
What is the key purpose of the 'Transfer of assets to an asset management company' resolution tool?
A temporary administrator's role and duties are specified by whom at the time of appointment?
What is a key consideration for CySEC when deciding whether to allow for simplified recovery planning obligations for a CIF?
Which of these components is a required part of a recovery plan?
In addition to a CIF itself, Law 20(I) of 2016 applies to which of the following entities?
What action is taken regarding the voting rights of an acquirer if a transfer of shares in a CIF resolution results in a qualifying holding but CySEC has not finalized its assessment by the transfer date?
A framework cooperation agreement in a cross-border resolution establishes processes for sharing information and carrying out which of the following activities?
One of the conditions for an intra-group financial support agreement is that the party providing support must have what from the recipient?
A special administrator reports to which body?
Which entity is NOT listed among those that CySEC will inform when it determines the conditions for resolution are met for a CIF?
How is information considered if it is subject to confidentiality requirements under Union law?
What does a group recovery plan aim to achieve for the group?
A special administrator has the discretion to remove or replace which of the following?
What happens if a temporary administrator works alongside the CIF's management body?
When is CySEC required to consult with the competent authorities of the home member state of a UCITS?
What is explicitly included in a recovery plan concerning central bank facilities?
Which of the following is NOT a power of a special administrator listed in Chapter 11?
When can CySEC grant permission for the establishment of a bridge institution?
What is the primary difference between a special administrator and a temporary administrator's role?
The framework cooperation agreement for cross-border resolutions does NOT establish processes for which of the following?
What must be included in a recovery plan regarding liabilities?