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97. Which of the following statements about The Basel Committee on Banking Supervision (BCBS) is false? (1 Point) O BCBS is the primary global standard

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97. Which of the following statements about The Basel Committee on Banking Supervision (BCBS) is false? (1 Point) O BCBS is the primary global standard setter for the prudential regulation of banks BCBS possesses formal supranational authority O BCBS provides a forum for cooperation on banking supervisory matters

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