Question: What is the primary difference between Basel II and Basel III in terms of capital requirements? O a Basel II required banks to maintain a

What is the primary difference between Basel II and Basel III in terms of capital requirements? O a Basel II required banks to maintain a minimum Tier 1 capital ratio, whereas Basel III removed this requirement O b. Basel III introduced stricter capital requirements, including higher Tier 1 capital ratios and the introduction of a capital conservation buffer 0 c. Basel III introduced the concept of risk-weighted assets, which was not present in Basel lI

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