Multiple Choice
Which of the following is true?
A) PAIRS provides APRA with a score-card approach to assessing the risk of FI failure and the impact of any failure.
B) PAIRS provides APRA with a single rating which incorporates both the probability that the FI will fail and the impact of any failure.
C) PAIRS provides APRA with a rating that assesses the risk of FI failure.
D) PAIRS provides APRA with an impact factor that determines what regulatory response needs to be implemented to prevent FI failure.
Correct Answer:
Verified
Correct Answer:
Verified
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