The increased integration of financial markets across countries and the need to make the playing field equal for banks from different countries led to the Basel Accord agreement to

Question

Quizplus · Accepted Answer

The Basel Accord agreement aimed to standardize bank capital requirements internationally, making the playing field equal for banks from different countries. It did not seek to reduce capital requirements across the board or sever the link between risk and capital requirements. Therefore, the best choice is A, which accurately reflects the purpose of the Accord.

The Increased Integration of Financial Markets Across Countries and the Need