Portigon abandons AMA for op risk capital calculation
Portigon – the entity that emerged from the break-up of WestLB – moves away from the AMA for op risk calculation after forced restructure
Portigon, the Dusseldorf-based surviving arm of the former German Landesbank WestLB, has abandoned the advanced measurement approach (AMA) for measuring regulatory operational risk capital in favour of the standardised approach (TSA).
The new entity, which will provide portfolio management and other services for the financial sector, will continue to use its AMA model to measure its qualitative
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