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Cavas D Question 27 0.5 pts To deal with the safety and stability of national ba

ID: 2615022 • Letter: C

Question

Cavas D Question 27 0.5 pts To deal with the safety and stability of national banking systems some countries have nationalized all or part of the domestic financial services industry True False D Question 28 0.5 pts Bank regulation in the global environment is simpler because the regulatory function is a matter of national sovereignty True O False 0.5 pts DQuestion 29 Bank regulation in the global environment is more complex because the regulatory function is a matter of national sovereignty True False

Explanation / Answer

Ans. 27: True . Manu countries have nationalised their banks part or whole to bring stability and give confidence to the markets that the governments are backing the banks. Also the nationalised banks can be used as part of the goverment's policies for implementation

Ans. 28 False

Ans. 29 False

In a complex global environment, the risk arising for the banking system may not necessarily come from local sources hence the regulatory function has to be cognizant of the global risk and cannot work in isolation only basis national considerations (though they are important)

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