Banks still nervous about gross income as an op risk indicator
BASLE, SWITZERLAND -- Banks seem pleased with many aspects of the recent working paper on operational risk issued by global banking regulators, but are still nervous about some of the cross-border anomalies that could be thrown up by the use of gross income as a risk indicator, bank regulators said.
They were commenting on the responses from banks to the working paper on operational risk published in September by the Basle Committee on Banking Supervision, the agency that in effect regulates
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