Which of the following statements is true?
A) PAIRS is the basis of APRA's risk-based approach to supervision.
B) PAIRS is an internal rating system for scoring each entity in the regulated population of insurance and superannuation entities.
C) Due to PAIRS, APRA's supervision can be tailored to the risk profile of an individual entity.
D) All of the listed options are correct.
Correct Answer:
Verified
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