Could the Basle II op risk charge be cut again?

BASLE, SWITZERLAND -- Might banking regulators agree again to lower the capital charge for operational risk proposed under the controversial Basle II bank capital accord as part of horse-trading over the credit risk charge?

The question arose for some bankers after the Basle Committee on Banking Supervision, the architect of Basle II and the body that in effect regulates international banking, confirmed their fears in November that currently proposed Basle II credit risk charges would be higher

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