A financial technology firm will obtain an international trade license only if it completes a multi-jurisdictional compliance audit. Completing a multi-jurisdictional compliance audit requires establishing a dedicated risk-assessment division, unless the firm qualifies for a special regulatory waiver. However, no firm that handles decentralized digital asset transactions qualifies for a special regulatory waiver. Novabank handles decentralized digital asset transactions and has recently been granted an international trade license.
If the statements above are true, which of the following must also be true about Novabank?
- AAny financial technology firm that establishes a dedicated risk-assessment division will eventually obtain an international trade license.
- Novabank has established a dedicated risk-assessment division.Cevap
- CNovabank will discontinue its decentralized digital asset transactions in order to qualify for future regulatory waivers.
- DFirms that refrain from handling decentralized digital asset transactions are automatically exempt from completing a multi-jurisdictional compliance audit.
- ENovabank would have been exempt from the compliance audit if it had established its risk-assessment division prior to applying for a license.
Cevap
Novabank has established a dedicated risk-assessment division.
The correct option is derived through a chain of formal conditional deductions. The stimulus establishes that obtaining an international trade license requires completing a multi-jurisdictional compliance audit. It further establishes that an audit requires a dedicated risk-assessment division unless a regulatory waiver applies. Finally, handling decentralized digital asset transactions rules out a regulatory waiver. Because Novabank possesses a trade license and handles digital assets, it must have completed the audit without a waiver, which strictly necessitates that Novabank established a dedicated risk-assessment division.
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Anahtar Kavram
Chained Conditional Deductions and Disjunctive Elimination