Chinese banks’ AMA op risk projects on hold
AMA projects on hold as Chinese banks get to grips with credit risk portion of Basel II
Despite all of the enthusiasm displayed by the Chinese regulator, the Chinese Banking Regulatory Commission (CBRC), when it agreed to the Industrial and Commercial Bank of China (ICBC) becoming the first Chinese bank to go for the advanced measurement approach (AMA) for operational risk under Basel II, the idea of other banks following ICBC on AMA has now been put on hold.
Six months ago, after
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