The Basel Committee Ruled That Regulators in Other Countries Can

question 63

Multiple Choice

The Basel Committee ruled that regulators in other countries can ________ the operations of a foreign bank if they believe that it lacks effective oversight.

• A)restrict
• B)encourage
• C)renegotiate
• D)enhance

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Definitions:

Sustainable Living

Practices that reduce one’s environmental impact by living in a way that can be maintained over the long term without depleting resources or causing harm.

Migration Motives

The various reasons or factors that drive individuals or groups to move from one location to another, ranging from economic opportunities to safety concerns.

Ecocity

A city designed with careful consideration of environmental impacts, incorporating sustainable practices in energy, water, and food systems, and urban planning.

Mass Transit

A public transportation system designed to move large numbers of people efficiently by buses, trains, subways, or other vehicles.