Which of the following is NOT true of the Basel Committee on Banking Supervision?

A. It comprises some of the world's top regulators and central bankers.

B. It sets standards for stronger capital positions and increased liquidity.

C. It is part of the World Bank.

D. It is part of the Bank for International Settlements.

E. It has worked to put together rules to ensure that banks will be able to withstand future economic crises.