Basel’s Adachi: banks may discard some loss data under SMA
Chair of working group on operational risk says losses from discontinued businesses may not count towards op risk capital
Banks may be allowed to exclude some historical op risk losses under the Basel Committee's new standardised measurement approach (SMA), a senior member of the international body said at the OpRisk Europe conference today (June 14).
Regulators may permit banks to exclude certain losses, for example from discontinued products or divested businesses, from their op risk capital calculations, said
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