Banking on a more advanced approach

A number of banks, particularly in Europe and Australia, have decided to apply for an advanced measurement approach (AMA) for calculating their regulatory capital for operational risk under the new regulatory regime – Basel II and/or the Capital Requirements Directive (CRD), as well as the national implementation thereof. Many of them have conducted a review of their approach as part of their preparation for the regulatory approval process. While the methodological approaches taken by the banks

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