AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 300 Topic 31 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 300 Topic 31 Discussion

GLO_CWM_LVL_1 Exam Topic 31 Question 300 Discussion:
Question #: 300
Topic #: 31

Which of the following is an aspect of the first principle underlying Supervisory Review Process in Basel framework?


A.

Banks should have a process for assessing their overall capital adequacy in relation to their risk profile.


B.

Banks should have a strategy to maintain their capital level.


C.

Both of the above.


D.

None of the above. The act does not define a banking company.


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