Which of the following is not one of the 'three pillars' specified in the Basel accord:
A.
Market discipline
B.
Supervisory review
C.
National regulation
D.
Minimum capital requirements
The Answer Is:
C
This question includes an explanation.
Explanation:
The three pillars are minimum capital requirements, supervisory review and market discipline. National regulation is not a pillar described under the accord. Choice 'c' is the correct answer.
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