
Ultimate access to all questions.
Q-71. In updating the Basel II regulatory framework, the Committee asserted that Basel III introduced "a number of fundamental reforms to the international regulatory framework." Each of the following was a brand new introduction by Basel III (with respect to Basel II) except which was not?
A
Liquidity ratios were newly introduced in Basel III
B
A leverage ratio was newly introduced in Basel III
C
The incremental risk charge (IRC) was newly introduced in Basel III
D
A credit value adjustment (CVA) charge was newly introduced in Basel III