Which one of the following statements is a guiding principle of financial regulation? Question 32Answer a. Regulatory measures on the senior management ensure that decisions are taken in the best interest of the bank. b. Innovation is to be discouraged in the wake of the sub-prime lending debacle. c. Strict monitoring is needed to prevent excessive profits. d. The financial regulations imposed should be proportional to the advantages that are anticipated from the regulations.
Which one of the following statements is a guiding principle of financial regulation? Question 32Answer a. Regulatory measures on the senior management ensure that decisions are taken in the best interest of the bank. b. Innovation is to be discouraged in the wake of the sub-prime lending debacle. c. Strict monitoring is needed to prevent excessive profits. d. The financial regulations imposed should be proportional to the advantages that are anticipated from the regulations.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Which one of the following statements is a guiding principle of financial regulation?
Question 32Answer
a.
Regulatory measures on the senior management ensure that decisions are taken in the best interest of the bank.
b.
Innovation is to be discouraged in the wake of the sub-prime lending debacle.
c.
Strict monitoring is needed to prevent excessive profits.
d.
The financial regulations imposed should be proportional to the advantages that are anticipated from the regulations.
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