Advanced measurement approaches
BASLE II UPDATE
The September working paper on operational risk from the Basle Committee on Banking Supervision (see related article, this issue) confirmed that global banking regulators are looking at a range of advanced ways of calculating op risk capital charges instead of a single method.
Under the Basle II bank capital adequacy accord, banks using the advanced measurement approaches employing internal risk models will enjoy lower capital charges than those using simpler methods. The use of internal models
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