Which of the following does NOT relate to the Orange County case?

Which of the following does NOT relate to the Orange County case?
A . Where there are excess rewards, there must be risks
B . The Know Your Customer rule
C . Strategies that are not possible to explain to third parties should not be employed by the risk averse
D . Fractured organisational structure and poor risk oversight mechanism make it easy for powerful individuals to hide risk in the gaps

View Answer

Answer: B