Chаpter 17а: Which оf the fоllоwing stаtements regarding the evolution of credit risk regulation under the Basel Accords is/are correct? (i) Basel I introduced the 8% minimum capital requirement using broad-brush risk weights, but lacked granularity by treating all corporate debt identically regardless of credit quality. (ii) Basel II introduced the Standardized Approach (SA) relying on external credit ratings and the Internal Ratings-Based (IRB) approach allowing banks to model Expected Loss using PD, LGD, and EAD. (iii) Basel I was the first accord to introduce the Credit Valuation Adjustment (CVA) capital charge for mark-to-market counterparty losses.