41) The banking sector is usually less regulated by the government than other sectors of the economy. True False 42) Basel I stipulates that at least 4% of risk-weighted assets, or at least 50% of the required capital must be Tier 1 Capital. True False 43) Liquidity ratios were introduced for the first time by Basel II. True False 44) VaR is a coherent risk measure, whereas Expected Shortfall is not a coherent risk measure. True False 45) The higher the confidence level, the higher the VaR of a certain portfolio. True False