Risk.net

SMA: the story so far

Read Risk.net's coverage on the controversial move to the standardised measurement approach

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The advanced measurement approach (AMA) to operational risk capital attracted criticism virtually from birth and it never became the universal gold standard for operational risk that its architects intended. But the industry was still startled when Risk.net broke the news in October 2015 that AMA and its two sister methods were set to be abandoned in favour of the single standardised measurement approach. The upheaval caused by this news is still going on. To read our coverage of this crucial development, click on the links in the timeline.