RiskNews review

RiskNews review

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REGULATION

US bank regulators have sharply criticised Basel II, saying they plan to apply the new Accord to only the top 10 banks in the country. Other banks can adopt Basel II only upon application to the regulatory authorities. Also, banks will only have the advanced internal ratings-based approach available to them on the credit risk side, and the advanced management approach on the operational risk front. The basic indicator approach and the standardised approach will not be

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