CBA - Outstanding bank (rest of world)
10th Anniversary Awards
The term 'transparency' recurs with increasing frequency in the regulatory lexicon. Commonwealth Bank of Australia (CBA), unlike most banks caught in the maelstrom of crisis, has few disclosure worries regarding Basel II operational risk. Of the five Australian advanced measurement approach (AMA) institutions to produce their first Pillar III op risk disclosures, CBA's quantitative and qualitative transparency was the most detailed, and compliant to the letter. It would come earlier, had it not
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