CISI Global Financial Compliance Practice Questions - CISI Global Financial Compliance (Investment Operations Certificate Unit) Exam

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Which international body is primarily concerned with promoting global monetary cooperation and acts as a 'bank for central banks'?

The International Organization of Securities Commissions (IOSCO) The Financial Action Task Force (FATF) The International Sustainability Standards Board (ISSB) The Bank for International Settlements (BIS)

Correct Answer:

The Bank for International Settlements (BIS)

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