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← Compare the institutional structures of different financial sector regulatory bodies
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Which elements illustrate the tension between democratic legitimacy and technical expertise in financial governance? ...

Which elements illustrate the tension between democratic legitimacy and technical expertise in financial governance? (Select two answers)

The ESAs represent the national authorities of Member States
The Basel Committee makes decisions by consensus without formal voting
The AMF has a Board that includes representatives of other French public institutions
The ESAs have a chairperson directly elected by European citizens