Consider the following statements about the Financial Stability Board (FSB):
- The FSB is an international body that monitors and makes recommendations about the global financial system.
- It was established by the G20 to promote international financial stability.
- The FSB has the authority to enforce its recommendations on member countries.
Which of the above statements are correct?
1
1 and 2 only
2
2 only
3
1 and 3 only
4
2 and 3 only
5
1, 2, and 3