CMRA Calls For Industry Standards On VAR Disclosure Methodology

NEW YORK--Banks' VAR disclosures following new regulatory requirements will be confusing without detailed standardization, according to consultants from Capital Markets Risk Advisors (CMRA), the New York-based risk management consultancy house. CMRA has also released a survey that pinpoints model risk as the primary cause of 40 per cent of derivatives losses at financial institutions last year.

Leslie Rahl, co-founder of CMRA says that banks' VAR disclosures under new regulations are confusing at

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

You need to sign in to use this feature. If you don’t have a 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