EU welcomes Basel regulators' op risk paper

He was commenting on the working paper on op risk issued in late September by the Basel Committee on Banking Supervision, the body that in effect regulates international banking.

Full support
The commission, whose officials attend Basel Committee meetings as observers, fully supported the working paper, which also allowed for a range of additional advanced approaches to calculating an op risk capital charge.

The commission intends bringing in new capital adequacy rules from 2005 - under its thi

To continue reading...

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 indvidual account here: