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Please review the following statements on operational autonomy as defined by the BCBS and FSB . Which of the following are reasonable descriptions of this
Please review the following statements on operational autonomy as defined by the BCBS and FSB Which of the following are reasonable descriptions of this concept? Select all that apply.
a Operational autonomy means that there should not be any government or industry interference that compromises a public authoritys operational decisions.
b Operational autonomy means that the supervisor must have full discretion to take any supervisory actions or decisions on banks under its supervision.
c Operational autonomy means that the public authority must be financed in a manner that does not undermine its operational decisionmaking.
d Operational autonomy means that the central bank cannot be subject to any other legislation apart from the central bank and banking law
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