UK banks blame FSA and EU as they fall behind in the compliance race

Cover Story

While there is little argument that UK banks are among the best prepared in the world for the operational risk portions of Basel II (the FSA began issuing draft guidance more than two years ago), critics argue that much of the momentum of the early days has been lost. Indeed, a recent study by consultants KPMG showed that "on a UK basis, there’s been quite a shift away from the advanced measurement approaches (AMA) to the standardised approach (STA)," says Jane Leach, a partner with the firm in

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

If you already have an account, please sign in here.

Register

Want to know what’s included in our free registration? Click here

This address will be used to create your account

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