Asian banks fear unfair op risk capital charges
Operational risk has long been a challenge for Asia’s banks. But many smaller banks in the region fear that a capital charge against such hazards as fraud, computer systems failure and settlement foul-ups would penalise them unfairly if it took the form suggested by global banking regulators.
The Basel Committee of banking supervisors from the Group of 10 (G-10) leading economies, the body that in effect regulates international banking, proposes introducing an op-risk capital charge for the
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