CEBS consultation paper "a disappointment"

One industry association executive termed the consultation paper "a disappointment", and said that the CEBS seemed to take very little of the industry's response to the first paper into account when drafting the second.

In particular, CEBS added much material to the operational risk section – it is now 31 pages, compared with the 19 pages of the previous draft. One section that has been bulked up is on the internal validation of risk measurement and management processes – section 463 a-q. This

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here