Banks Seek Flexibility In New Supervision Of Operational Risk
BASLE, SWITZERLAND -- Rules requiring international banks to reserve capital against operational risks should be flexible and capable of speedy adjustment, say bankers and banking industry analysts.
They gave their comments as eighteen months of debate on how the operational risks faced by international banks might be regulated was due to culminate on January 16 with the publication of the further thoughts of regulators on the subject.
The Basle Committee of banking supervisors from the Group of
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