Which of the following was not part of the Basel Agreement?
A) Bank's required capital was linked to its composition of assets.
B) Banks are required to operate with a minimum level of equity.
C) The ownership of equity by banks was prohibited.
D) Capital requirements across countries were standardized.
E) The minimum total capital requirements were set to 8% of risk-adjusted assets.

Question

Quizplus · Accepted Answer

The Basel Agreement did not prohibit the ownership of equity by banks. In fact, it required banks to maintain a minimum level of equity as part of their capital requirements.

Which of the Following Was Not Part of the Basel