The regulators are working through a pile of frosty responses to their proposals for an op risk capital charge. But the debate is already moving on, as Rob Jameson discovers.
There were more brickbats than bouquets in the formal responses sent in recently to the regulators of the Basel Committee and the European Commission on their ideas for capital charges for op risk.
The feedback formed part of the replies to the Basel Committee’s June 1999 consultation paper, "A New Capital Adequacy Framew
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