QIS 3: Banks can use internal pricing for standardised approach

BASEL - Banks participating in the QIS 3 survey can use internal pricing methods to allocate gross income to different business lines for the standardised approach to measuring operational risk in the Basel II bank accord, global banking regulators said in early November.

But the regulators said it was still to be decided whether internal pricing would be allowed for the standardised approach in the final Basel II rules when they come into effect for major banks in late 2006.

Internal pricing in the op risk standardised approach prompted one of the most frequently asked questions (FAQs) arising from the issue on October 1 QIS 3, the third Basel II quantitative impact study. QIS 3 is seeking information from 265 banks in some 50 countries on how the complex

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net 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