Regulators May Dismiss Operational Risk Models
The Basle Committee on Banking Supervision may this month dismiss a provision that would ultimately allow regulatory capital charges for operational risk to be determined by banks’ own internal risk model assessments, officials close to the situation say.
The Committee, which is expected to reveal its current thinking on operational risk capital charges in the first week of October, could deliver a bitter blow to the banking industry by omitting the crucial fourth stage -- which allows for the
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