Which loss event type is the failure to timely deliver collateral classified as under the Basel II framework?

Which loss event type is the failure to timely deliver collateral classified as under the Basel II framework?
A . Clients, products and business practices
B . External fraud
C . Information security
D . Execution, Delivery & Process Management

View Answer

Answer: D

Explanation:

Refer to the detailed loss event type classification under Basel II (see Annex 9 of the accord). You should know the exact names of all loss event types, and examples of each.