MCT Challenge file

edited September 5 in OSFI.MCT

Hi, 2 questions regarding this file:
1. We were not given any risk factors, I thought we were not required to memorize them, is that still true?
2. For part a, shouldnt we check composition limit using CapAv net regulatory adj net AOCI? i think the solution is using Gross capAv net AOCI..

Comments

  • I have the same two questions as above, for insurance risk the syllabus says we are not responsible for those risk factors, we are only expected to know operational. Additionally, all other questions take into account additions/deductions before setting the limits for B&C, it doesn't end up changing the final answer here since using both methods they do not exceed the limit but clarification on that would be appreciated! Thanks

    1. Risk factors don't need to be memorized, I just did not put them in the file
    2. Yes, it should be on the net capital available. That's an oversight on my end
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