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Question 1: Mvula and Kasapo are experienced bankers in local banks they are chilling and having a drink with Muchoz , Mwanza and Fube. In their discussions the two bankers started discussing about Basel III regulations how each of the two banks have implemented the regulation and the challenges they are facing. Muchoz is an academia specialized in Banking and Finance, whilst he was sipping his alcohol he just said "All you are discussing is nonsense, Basel III is not meant for Africa". Do you agree with Muchoz? Explain fully and justify

Reference no: EM132535119

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