Bafin's Hufeld: op risk modelling 'almost impossible'

AMA can go, but other models will stay, Felix Hufeld tells Risk.net

Felix Hufeld
Felix Hufeld: use of internal models must be constrained

Germany's top supervisor has said the modelling of operational risk capital has proved "almost impossible" at the standards of accuracy required by Basel II's advanced measurement approach (AMA) – but has also reassured the industry that capital models have a part to play for other risk types.

Regulators met in New York on December 1–2 to discuss the issue and are expected to propose that the AMA be killed off and replaced with a new, standardised approach.

In an interview just prior to that

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: