Question: (A) Explain Basel I and its limitations. Also explain its related regulatory arbitrage context in detail together. (25%) (B) Explain the 'Best Efforts', one of

 (A) Explain Basel I and its limitations. Also explain its related

(A) Explain Basel I and its limitations. Also explain its related regulatory arbitrage context in detail together. (25%) (B) Explain the 'Best Efforts', one of the investment bank's services. (15%)

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