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Discuss the rationale behind risk-based capital requirements.
Planning
The process of making plans for something, including setting goals and determining the means to achieve them.
Organizing
The act of arranging elements following one or multiple logics with the aim to reach a specific goal or manage a system of complexity.
Leading
The process of influencing others towards the achievement of goals; in a business context, it involves motivating employees and guiding the organization in a clear direction.
Employees
Individuals who are hired by a business or organization to perform specific tasks in exchange for compensation.
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