Cebs calls for more responses to op risk guidelines consultation

The Committee of European Banking Supervisors (Cebs) is urging financial institutions to respond more fully to its consultation on operational risk guidelines after a public hearing today highlighted widespread concerns about the proposals.

Marco Moscadelli, responsible for the validation of internal models at the Bank of Italy and chair of the Cebs subgroup on operational risk, said few comments had been received so far. During the hearing at Cebs’s London headquarters, he repeatedly urged

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