Operational risk development harmed by US stance, say experts


-- Op risk, as both an intellectual and regulatory discipline, may be harmed by the decision of the US regulatory authorities not to promulgate the Basel II op risk proposals for the vast majority of banks in that country, experts say. At March Congressional hearings, US regulators announced that only the top 10 US banks would be forced to use the advanced measurement approach for operational risk, while all other US banks would effectively remain on Basel I, which has no op risk provision

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

Most read articles loading...

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