Good in parts
Tony Blunden welcomes the Basle regulators’ latest thoughts on operational risk, but questions their continued emphasis on the past
The latest working paper by global banking regulators on operational risk is a positive step forward in the debate about how op risk faced by banks should be treated for regulatory purposes.
The recognition by the Basle Committee on Banking Supervision, the body that in effect regulates international banking, that the banking industry is taking a pluralist approach to
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