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