Financial Services Authority issue latest guidance on Advanced Measurement Approaches to operational risk

FSA reinforce their commitment to full implementation of the AMA sections of the CRD

Almost a year ago, the Financial Services Authority (FSA) realised that the industry was nowhere near ready to meet the demands of the Capital Requirements Directive (CRD). In publishing their CRD industry feedback in March this year, the FSA believed they would press firms into embracing the new directive especially the Advanced Measurement Approach (AMA), which some were considering applying for.

However, according to a recent report to their operational risk standing group, the FSA believes

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