BCBS releases new home-host document

Regulatory Update

The committee acknowledged that it had received "informal requests and comments" from the industry on the subject. Indeed, the International Swaps and Derivatives Association (Isda) penned a letter to the Accord Implementation Group, strongly criticising the Principles for the home-host recognition of AMA op risk capital document released by the Basel Committee on Banking Supervision in January. Richard Metcalfe, co-head of the European office of Isda, said: "Firms are still working through what

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