Resolution of which milestones)is the most important hurdle to be achieved before the SEC moves forward?
A)Sufficient development and application of standards
B)Independence funding of the IFSC Foundation and the standard setting process
C)Human capital readiness
D)A and B

Question

Quizplus · Accepted Answer

Both milestones A and B are crucial for the SEC to move forward. Sufficient development and application of standards is important to ensure that the IFSC Foundation can effectively regulate and enforce compliance. Independence funding of the IFSC Foundation is important to assure the credibility and impartiality of the standard setting process. Human capital readiness is also important, but it is not sufficient alone to address the challenges of establishing and regulating a new regulatory regime.

Resolution of Which Milestones)is the Most Important Hurdle to Be