10+ Regency group Interview Questions and Answers

Compliance refers to adhering to laws, regulations, and standards set by governing bodies.

• Compliance measures ensure that organizations operate within legal and ethical boundaries

• Examples of compliance measures include HIPAA, GDPR, PCI DSS, and SOX

• Compliance can be achieved through policies, procedures, training, audits, and assessments

• Non-compliance can result in legal and financial penalties, damage to reputation, and loss of business

KYC stands for Know Your Customer and CDD stands for Customer Due Diligence.

• KYC is the process of verifying the identity of a customer and assessing their potential risks.

• CDD is a part of KYC and involves gathering information about the customer's identity, occupation, and source of funds.

• CDD helps in identifying and preventing money laundering, terrorist financing, and other financial crimes.

• Examples of KYC/CDD include verifying a customer's identity through government-issue...read more

OFAC sanctions countries are nations that are subject to economic and trade sanctions by the US government.

• OFAC stands for Office of Foreign Assets Control

• Sanctions are imposed on countries that pose a threat to US national security or foreign policy

• Examples of OFAC sanctions countries include Iran, North Korea, Syria, and Venezuela

Yes, I am proficient in working with pivot tables and building macros.

• I have experience in creating pivot tables to analyze large data sets and extract meaningful insights.

• I am skilled in using macros to automate repetitive tasks and improve efficiency.

• I have worked with various functions and formulas in Excel to manipulate data and create custom reports.

• I am familiar with VBA programming and can write code to enhance the functionality of macros.

• For example, I have built a ma...read more

Corporate actions are events initiated by a company that can affect the stock price and shareholder value.

• Dividends

• Stock splits

• Mergers and acquisitions

• Spin-offs

• Rights issues

• Bonus issues

• Share buybacks

• Name changes

• Delistings

Aml and kyc are measures to prevent money laundering. OFAC, FINRA, and FinCEN are regulatory bodies that enforce AML laws.

• AML (Anti-Money Laundering) is a set of laws, regulations, and procedures designed to prevent the illegal generation of income through criminal activities.

• KYC (Know Your Customer) is a process of verifying the identity of customers to prevent fraud and money laundering.

• OFAC (Office of Foreign Assets Control) enforces economic and trade sanctions against co...read more

Bond & yield relationship refers to how changes in bond prices affect the bond's yield, and vice versa.

• When bond prices go up, yields go down, and vice versa.

• Yield is the return on investment for a bond, expressed as a percentage.

• Inverse relationship between bond prices and yields is due to the fixed interest rate of bonds.

• Example: If a bond is issued at $1,000 with a 5% yield, and interest rates rise, the bond price may drop to $900, increasing the yield to compensate.

NAV (Net Asset Value) is calculated by subtracting liabilities from assets and dividing by the number of outstanding shares.

• NAV = (Total Assets - Total Liabilities) / Number of Outstanding Shares

• Total Assets include all investments, cash, and other assets held by the fund

• Total Liabilities include any debts or obligations the fund has

• Number of Outstanding Shares is the total number of shares issued by the fund

• NAV is used to determine the value of a mutual fund or ETF

KYC stands for Know Your Customer. It is a process of verifying the identity of customers to prevent fraud and money laundering.

• KYC is mandatory for financial institutions and other regulated entities

• It involves collecting and verifying customer information such as name, address, and identification documents

• KYC also includes ongoing monitoring of customer transactions to detect suspicious activity

• Examples of KYC documents include passport, driver's license, and utility bills

• K...read more

Coupons are discounts or special offers provided by retailers to customers to encourage purchases.

• Coupons can be in the form of physical paper vouchers or digital codes

• They typically offer a discount on a specific product or a percentage off the total purchase

• Some coupons have restrictions such as expiration dates or minimum purchase requirements