Regulators and supervisors of banks are challenged by all of the following, except:
A) globalization of financial services.
B) the use of new financial instruments that shift risk without shifting ownership.
C) technological innovation.
D) reinforcement by Congress of functional and geographic barriers in banking.

Question

Quizplus · Accepted Answer

The other options (globalization of financial services, new financial instruments, and technological innovation) all pose challenges for regulators and supervisors of banks. Reinforcement by Congress of functional and geographic barriers in banking would not be a challenge, as it would actually make their job easier by limiting potential risks and consolidating control.

Regulators and Supervisors of Banks Are Challenged by All of the Following