Virtual banks are subject to the same set of supervisory requirements applicable to conventional banks in Hong Kong. They primarily deliver instead of physical branches. A. wholesale banking B. retail banking services through the internet or other forms of electronic channels C. financial investigation D. cconomic consultation

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter6: Cash And Internal Control
Section: Chapter Questions
Problem 6.2AP
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16. Virtual banks are subject to the same set of supervisory requirements applicable to conventional banks in
Hong Kong. They primarily deliver
instead of physical branches.
A. wholesale banking B. retail banking
services through the intemet or other forms of electronie channels
C. financial investigation D. cconomic consultation
Transcribed Image Text:16. Virtual banks are subject to the same set of supervisory requirements applicable to conventional banks in Hong Kong. They primarily deliver instead of physical branches. A. wholesale banking B. retail banking services through the intemet or other forms of electronie channels C. financial investigation D. cconomic consultation
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