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Which of the following is one of the principal aims of Basel III? I Bring the exposures from all off-sheet balance sheet transactions to accounts

image text in transcribed Which of the following is one of the principal aims of Basel III? I Bring the exposures from all off-sheet balance sheet transactions to accounts II Improve the risk management and governance of banks III Attempting to align economic and regulatory capital more closely to reduce the scope for regulatory arbitrage. IV Ensuring that credit risk, operational risk and market risk are quantified based on data and formal techniques V Strengthen the level of transparency and disclosure by banks VI To boost the banking sector's ability to absorb shocks arising from both financial and economic stress Select one: III, IV, and VI. I, III, and IV. II,V,VI II, IV, VI II, III, V, and VI

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