Question

    The sum of all exposure of a FC-Finance Company/FU-Finance Unit in IFSC to a single counterparty or group of connected counterparties shall not exceed how much percentage of its eligible available capital base without the approval of IFSCA

    A 10% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 25% Correct Answer Incorrect Answer
    E None Correct Answer Incorrect Answer

    Solution

    Exposure Ceiling The Exposure Ceiling shall be the sum of all exposure values of a FC/FU to a single counterparty or to a group of connected counterparties which shall not exceed twenty- five percent of its eligible capital base at all times without the approval of the Authority

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