Basel hurries to clarify questions

COVER STORY

The Accord Implementation Group’s Operational Risk subgroup (AIG-OR) has established three informal working groups to explore the challenges around corporate governance, data issues and quantification/ modelling, said Nicholas Le Pan, chairman of the parent AIG, speaking at a New York conference in early February. The groups were created at the AIG-OR’s first meeting in December 2004 and held their first formal gatherings at the AIG-OR’s second meeting in mid-February. The corporate governance

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