Basel II Forum USA: Speakers stress feedback can still shape regulation

“Comment can still shape proposals and have an effect on regulation,” said Darryll Hendricks, a senior vice-president at the Federal Reserve Bank of New York.

Hendricks, who was addressing delegates at the forum in New York, highlighted calibration to expected or unexpected loss and operational risk as areas that continue to be contentious.

Tommy Snow, a director of capital policy at the Office of the Comptroller of the Currency echoed Hendricks’ call for an ongoing dialogue between regulators

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