SCI ComGI Practice Questions - SCI Commercial General Insurance (ComGI) Examination Exam

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Under the Minimum Competency Code (MCC) issued by the Central Bank of Ireland, what is the role of an Accredited Product Adviser (APA)?

To act as a compliance officer and sign off on all product marketing materials. To manage the investment funds of commercial clients on a discretionary basis. To handle and settle complex commercial liability claims exceeding €100,000. To advise on or retail specific retail financial products within the product categories for which they hold the designation.

Correct Answer:

To advise on or retail specific retail financial products within the product categories for which they hold the designation.

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