Hybrid approach not 'dead in the water'
REGULATORY UPDATE
The comments come at the time when the UK has changed its position on the hybrid approach in its latest consultation paper on the Capital Requirements Directive (CRD), published in late February. The softening of the Financial Services Authority's stance on the home-host framework could help revive the methodology.
The hybrid approach under the advanced measurement approach of Basel II was first introduced by the Basel Committee on Banking Supervision in January 2004's Principles for the home
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