FinTech Regulations Quiz

FinTech Regulations Quiz

9th - 12th Grade

25 Qs

quiz-placeholder

Similar activities

Quiz Hotel - FIA

Quiz Hotel - FIA

1st - 12th Grade

23 Qs

programación mrt5

programación mrt5

8th - 11th Grade

22 Qs

Week 3 - Canva

Week 3 - Canva

12th Grade

20 Qs

Recap Materials.

Recap Materials.

10th Grade

20 Qs

Haircutting

Haircutting

11th Grade

21 Qs

Mecanismos

Mecanismos

10th Grade

24 Qs

EMTECH Q2 M6 PUBLISHING AN ICT PROJECT

EMTECH Q2 M6 PUBLISHING AN ICT PROJECT

11th Grade

20 Qs

Woodwork Tools

Woodwork Tools

6th - 9th Grade

20 Qs

FinTech Regulations Quiz

FinTech Regulations Quiz

Assessment

Quiz

Instructional Technology

9th - 12th Grade

Easy

Created by

Renz Hector

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Bangko Sentral ng Pilipinas (BSP) has direct regulatory authority over all FinTech companies operating in the Philippines, including those that do not offer financial services.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under the Anti-Money Laundering Act (AMLA), FinTech firms facilitating digital payments are required to report suspicious transactions exceeding ₱500,000.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Philippine Data Privacy Act of 2012 (RA 10173) requires FinTech firms to obtain explicit consent from users before collecting personal financial data.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the Philippines, a FinTech company providing digital lending services must secure a license from both the Securities and Exchange Commission (SEC) and the BSP.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Regulatory sandboxes allow Philippine FinTech startups to test their innovations without any regulatory oversight.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Digital Payments Transformation Roadmap 2020-2023 of the BSP aims to achieve 70% financial inclusion by shifting to a fully cashless economy.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under Philippine laws, consumers have the right to request a detailed explanation of an algorithmic decision made by an AI-driven FinTech platform.

True

False

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?