Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'federal financial institutions examination regulator'?

A. the instance, whose jurisdiction is the Twelfth District of the Federal Reserve
B. regulatory agency and registration authority for the overall Federal Reserve System
C. regulatory agency and registration authority role of the Federal Reserve System
D. regulatory agency and registration authority role of the Federal Financial Institutions Examination Council (FFIEC)

Answer: regulatory agency and registration authority role of the Federal Financial Institutions Examination Council (FFIEC)