Financial Risk Manager Part 2
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Q-70. With respect to Basel II, Basel III immediately (i.e., effective in 2011 regardless of phase-in arrangements) changes or adds each of the following except for:
A
Eliminated Tier 3 capital
B
Restricted the definition of Tier 1 capital
C
Increased the (Pillar One) Minimum Total Capital (Tier 1 + Tier 2) requirement
D
Adds a capital conservation buffer (CCB) where none existed in Basel II