Inconsistent regulations delaying AMA rollouts globally, banks say
Pillar II is causing banks to face challenges from host regulators
Bankers are blaming regulatory inconsistencies for delays in applying frameworks such as the advanced measurement approach (AMA) into foreign entities. "The problem is that, under Pillar II, host regulators can place greater demands on you and some actively do this," says Günther Helbok, head of operational risk at Bank Austria. "There is no alignment in Pillar II, and that's not foreseen as we
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