Which of the following is not a positive effect of the Basel Accord?
A) It forced regulators to change the way they thought about bank capital.
B) It promoted a more uniform international system.
C) It provided a framework that less developed countries could use to improve the regulation of their banks.
D) It provided a system to differentiate between bonds based on their systemic risk.

Question

Quizplus · Accepted Answer

The Basel Accord did not provide a system to differentiate between bonds based on their systemic risk. Instead, it focused on establishing minimum capital requirements for banks and promoting a more consistent regulatory framework internationally.

Which of the Following Is Not a Positive Effect of the Basel