ACI
3I0-012 · Question #255
Which one of the following statements is incorrect under Basel III?
The correct answer is C. There is a distinction between upper Tier 2 and lower Tier 2 capital. See the full explanation below for the reasoning.
Question
Which one of the following statements is incorrect under Basel III?
Options
- AInstruments qualifying for recognition as Tier 1 or Tier 2 capital will be substantially restricted.
- BBasel III does not include Tier 3 capital
- CThere is a distinction between upper Tier 2 and lower Tier 2 capital
- DNew non-common equity Tier 1 and Tier 2 instruments are more loss-absorbing than previously
How the community answered
(22 responses)- A5% (1)
- B5% (1)
- C82% (18)
- D9% (2)
Community Discussion
No community discussion yet for this question.