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 speak today. This is one of the problems of the Basel framework."
Banks also blame a lack of clarity f