Risk USA: Regulators cannot hide from bank models, says Osfi’s Zelmer


Attempts to remove internal models from the bank capital framework will only push them into a regulatory "netherworld", according to Mark Zelmer, deputy superintendent at Canada's Office of the Superintendent of Financial Institutions. Supervisors would need to take more responsibility for setting appropriate capital levels for each institution, and this would be based on private discussions about modelled numbers.

"When it comes to models, you can run but you can't hide. Any conversations

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: