Chinese banks move closer to advanced measurement approach
Two requests for proposals to help build AMA programmes issued in China
More Chinese banks are starting to implement an advanced measurement approach to operational risk under Basel II. Previously only the Industrial and Commercial Bank of China (ICBC) had permission from the Chinese Banking Regulatory Commission (CBRC) to go AMA. However, industry sources show several more banks are taking tentative steps to follow ICBC.
China Construction Bank (CCB), which has been in AMA discussions for more than a year, has decided to push ahead with an advanced approach and has
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