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Couple of quick Qs on past year papers

C

calibre2001

Member
1) SA2, April 2007, Q2 (iv)

The firm is a realistic firm but the calculations in the examiner report includes RCR in the CRR calculations. Is it because the FSA requirement back then was to include it for realistic firms? The current Core reading states RCR isn't required for realistic firms.

2) SA2, April 2006 - April 2007

In these 3 papers there were questions on how to model projections I.e. for RBS, cost of guarantee etc. The basic answers are generic.
Was modelling part of the syllabus then or examiners have the right to ask CA1,ST2 type questions in SA2?

Many thanks.
 
1) Yes, the regulations have changed.

2) Earlier subjects are assumed knowledge for SA2, so questions can cover material from them, especially from ST2. But do be careful not to limit your answers to ST2 material as the SA2 exam is likely to require deeper, more tailored, practical points.
 
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