Fed casts doubt on future of Basel internal models in US
Banks warn Fed cannot keep commitment to avoid Basel III capital hike if it forbids models
A senior Federal Reserve official has cast doubt on the future of the internal models approaches (IMA) to calculating bank capital requirements, as the US prepares to implement the final elements of the Basel III framework later this year.
“The banking agencies are discussing the fate of internal models in the future US bank capital framework,” Mark Van Der Weide, general counsel at the US
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