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Which of the Following Statements Is False

Question 29

Multiple Choice

Which of the following statements is false?


A) The Basel Committee on Banking Supervision is a supranational authority which is able to make. regulatory banking standards which have international legal force.
B) The Basel Committee on Banking Supervision is concerned with defining the role of regulators in cross-jurisdictional situations
C) The Basel Committee on Banking Supervision ensures that international banks do not escape . comprehensive supervision by domestic authorities
D) The Basel Committee on Banking Supervision promotes uniform capital requirements.

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