Could do better?

Some industry participants believe US supervisors' approach to Basel II implementation is flawed, according to a survey by OR&C . By Ellen Davis

Although regulators overall received positive marks for their efforts to implement the Basel II operational risk framework within their jurisdictions, respondents to a new survey by OpRisk & Compliance indicated that they believed the approach by US supervisors was flawed.

The survey, conducted during the month of February and sponsored by independent internal audit and risk consulting firm Protiviti, is part of the magazine's monthly OR&C Intelligence series. Some 72% of the respondents were

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