Openness Essential To Avoid Basle II Op Risk Inconsistency, Say Credit-Raters


NEW YORK AND LONDON -- Openness and disclosure between banks and global regulators will be "highly desirable, if not essential" if there are not to be major inconsistencies in setting operational risk charges after 2004.

Credit-rating agency Fitch says the potential for inconsistency arises because the use of the so-called alpha, beta and gamma factors that will determine op risk charges under Basle II will give regulators complete freedom when setting the op risk charges.

Basle II is the new

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here