The Basel Committee on Banking Supervision is an organization of 27 nations that ________.
A. created the Troubled Asset Relief Program in 2008
B. issued a 633-page report in 2011 blaming the dramatic failures of corporate governance and risk management for the financial crisis
C. sets capital requirements for banks
D. sets ethical standards for shadow banks
Answer:C
The Basel Committee on Banking Supervision is an organization of 27 nations that ________.
A. created the Troubled Asset Relief Program in 2008 B. issued a 633-page report in 2011 blaming the dramatic failures of corporate governance and risk management for the financial crisis C. sets capital requirements for banks D. sets ethical standards for shadow banks